"Money Laundering" after new verified paypal account&ebay seller account soon??? - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe

Registration is fast, simple and absolutely free so please, join our community today!

Go Back   Home > International eBay & Paypal Discussions > UK eBay & Paypal

UK eBay & Paypal General discussions about eBay.co.uk Suspensions and Paypal.co.uk limited accounts. This forum is geared towards UK eBay & Paypal sellers.

Thread Tools
Old 12-02-2008
Junior Member
Join Date: Oct 2008
Posts: 116
Thanks: 1
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 89%
iTrader: (0)
Default "Money Laundering" after new verified paypal account&ebay seller account soon???

Message from UK Paypal

"Dear XXX,

In the past 12 months, you have received a large amount of money into your PayPal account. This is a courtesy reminder:

An annual receiving limit of 1,700.00 GBP is in place to allow us to comply with Anti-Money Laundering regulations.

If you do reach the annual receiving limit of 1,700.00 GBP you will no longer be able to withdraw or send money, fund transactions or close your account until you complete certain steps to lift your limit...."

They asked me to send
1 Photo ID e.g. Driving lincense
2 Proof of address

Above message was sent 2 months ago to my previous paypal which is in Alias name, Premier verified (but it was verified after I already received about 500 in my account). Then they limited my account.

I got this message a few days later after I verified my account by adding bank account. So it is such a waste of 1 bank account!!!

When I phoned I told Mrs.Paypal that I have not yet received a payment more then 600 into my account She then said the only reason this is happening is because my account is "Premier" and also "Their Anti-Money Laundering scheme"....
I could not be bothered to fax them bills, driving license. Also I only got about 60 feedbacks with 1 negative feedback. So I decided to set up NEW ACCOUNT.
OK..Now the story ended.

Here is my question.>>>
I have read through this forum and asked a few people around. Now I can set up new account. I have verified paypal (business) and ebay seller account.

Question 1
In the future, will they still ask me to provide such documents due to Money Laundering regulations again???

Question 2
I made up business details but using existing address, phone number. Will this be a problem? will they ask to provide any information later if your paypal account is business? If so, what document? So that I can prepare for it.

I have set up 2 business verified paypal accounts with ebay seller account each. I will use one account at home on my Desktop. Another one at my friend's house (who lives close to my house and he is my best friend. I can go to his house anytime.)using my laptop. So that I can run one account when paypal limit another account

Please let me know if you can answer my question. Thank you.
Reply With Quote
The complete step-by-step guide to get back to selling today!


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Can't create a seller account due to "technical difficulties" ebayisanecessaryevil Subscriber Discussions 7 11-02-2008 09:01 AM
I Just Received PayPal Message "Bank Account Invalid" What to do now? Sammi007 PayPal Talk 1 08-14-2008 08:51 PM
How to remove "Paypal account required" on the listing HateEbay PayPal Talk 11 05-08-2008 01:41 PM
need a credit card to"confirm location" of my paypal account fortune719 PayPal Talk 5 10-05-2007 11:36 AM

Aspkin Group

All times are GMT -5. The time now is 06:35 PM.

Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2023, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58