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Whats best from experience?
 

Hi all,

To lift the limits on my account will need to use docs as they have said they cant verify information etc...

However, would you submit the documents before using the £1900 limit or just as your approaching it?

Thanks

Different horses for different coarse's, some like to get it out of the way straight away other will wait.

i have not submitted for a few years, saying that i have an account that needs doing, on that account i have waited until around the 1900 limit, here's why.

depending on how you set the account up, you can get to around the 1900 limit, say 1600 1700 and PP will send you an email telling you your account is limited except you can do everything as before but have 145 days to submit, that gives you almost another 5 months of trading in which time you can take a shed load of money. :laugh:

But Tiz, don't they just allow you to get up to £1900, and then it says that they will limit your account until you give them what they want?

Or are you saying that your can receive more than £1900 without having all the green ticks done for another 5 months? :heh:

Im not understanding this topic. Why not just remove money before it accumulates that much.

This is about raising the £1900 receiving limit on a PP account, not withdrawing.

yes that's what i'm saying. :thumb:

But eventually im going to have to submit documents to lift it... so before 1900 or as approaching?

Sorry its 134 days not 145

i am passed 1900 on this account now.

i didn't even get the email until i was passed 1900
the only thing i cannot do is close the account.

You've already been told the answer - it doesn't matter. It's down to personal preference.

Yes it is down to what you want, some prefer to get it over and done with and some wait until the last minute.
I prefer to get it done after approx £1000, then I dont have to worry about limit.

IF you read the T&S of paypal, it tells you how you can go about this.

Personal choice of the account holder.

Read their T&S and see for yourself. Verrry interesting & saves a lot of problems:juggle: