Not sure what to do with my PP
Hi all,
My current situation is not ideal like most of you but any advice would be much appreciated.
Currently have 1 UK stealth PP and EB account. It has been running approx 1 month now and was purchased from a seller on here who has been very helpful so far. I held off creating or purchasing any more accounts just to see how my first one would go. Now it seems lots of changes are coming into place along with many limitations so I have decided to keep this current account running as long as it lasts.
I have NOT YET had a limitation put on my account, but am expecting PP to limit me just as they have with many others.
My PP has a fresh new bank account (unlinked) attached to it and everything is verified. The only limit in place is the £1900 EU limit which I am fast approaching. I understand that I will be required to upload documents to lift this limit and so am currently waiting for these to be sorted. I have tried filling my stealth info into PP when it asks but got a failure message and asked to try again, I have only tried this once or twice with no success.
I am still selling low risk items slowly but am getting closer to the £1900 limit.
I have not yet made any withdrawals from PP to my bank acc. This means I have a fair bit of money in the PP.
Which of the options would you take if in my situation;
1. Start withdrawing funds now a little at a time untill most of the funds are in my bank acc and then submit documents AFTER money is safe. Would you advise £100 at a time? more? or less?(I understand PP could decide to limit me as soon as I make first withdrawal and ask for docs).
2. Do a bulk withdrawal of over £1k and hope for the best. This may most likely result in limitation and demand for documents.
3. Submit/upload documents asap before the 29th Dec date when they 'claim' to be outsourcing all document checks. Start withdrawing money a chunk at a time (PP may limit account within a few hours of documents being submitted or take a few days to accept if I am lucky or deny them like they have with most people) Thus resulting in a 180 day wait.
4. Let account run close to the £1900 limit but not reach the limit, lets say £1800. Then just let it sit without submitting docs and slowly withdraw money a bit at a time and make no more sales on this PP and EB until we have a clearer idea of how to beat this mass ban thats going on.
5. Any other way I have not mentioned.
Thanks in advance for all your help, its much appreciated.
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