UK Paypal receiving limit

[siriuscat]

Opened a Stealth Paypal account a few months back.

The account was almost immediately limited (don’t know why) and I was asked (demanded) to send in documents which I did (uploaded stealth d/licence and utility bill). The account was quickly deemed ok and I’ve been using it since (about 4 months).

However, I’m now approaching the receiving limit. From what I understand when lifting this they will ask for I.D?

Any idea what will happen as I’ve already supplied I.D?

[Ebayorbust]

You'll need to submit it again.

[siriuscat]

Ah ok.

I guess they will ask for it again as I approach the limit.

Thank you.

[Bunneh]

dont forget to update the date on the utility bill.

[siriuscat]

Ah yes thank you. Within 90 days i think.

[stuartalex]

Originally Posted by siriuscat

Ah yes thank you. Within 90 days i think.

You should have the option to increase your limits at any time before they demand documents so rather than wait until the deadline you can manually request it at which point they may or may not ask for documentation but you can get the ball rolling early so you don't have any interruptions to the account.
Once I left it to the last minute and before they'd checked the documents the account was limited and I had to wait. Nowadays I try to increase the limit before I need to.
This is assuming you plan to continue with the account long term

[siriuscat]

Yes the option to lift the limit is there. I was just wondering if they would ask for the same documents twice (accept the utility bill would need to be more up to date, the d/license would be the same though).

[stuartalex]

Originally Posted by siriuscat

Yes the option to lift the limit is there. I was just wondering if they would ask for the same documents twice (accept the utility bill would need to be more up to date, the d/license would be the same though).

I can't answer that but you have to wonder why they would ask for documents a second time anyway.
If they do I doubt there would be any reason for them not to accept the same ID and an updated version of whatever you presented before- unless they already had suspicions.

[Ebayorbust]

It is wrong to assume that because documents were accepted once that they will be accepted again in future. Nothing is ever that simple when it comes to Paypal. It always comes down to the individual that does the review.

[Bunneh]

Originally Posted by stuartalex

I can't answer that but you have to wonder why they would ask for documents a second time anyway.
If they do I doubt there would be any reason for them not to accept the same ID and an updated version of whatever you presented before- unless they already had suspicions.

Actually wrong. He was limited the first time for obviously selling his first few items. (Happens now and then.)

Now he is limited for the receiving limits. It is a different kind/type of limitation so docs need to be resent.

When you send id in for a limitation. Paypal dont just lift your receiving limits (i wish) you have to have them inspected again as ebayorbust says.

[wired]

Originally Posted by stuartalex

You should have the option to increase your limits at any time before they demand documents so rather than wait until the deadline you can manually request it at which point they may or may not ask for documentation but you can get the ball rolling early so you don't have any interruptions to the account.
Once I left it to the last minute and before they'd checked the documents the account was limited and I had to wait. Nowadays I try to increase the limit before I need to.
This is assuming you plan to continue with the account long term

This is bad advice (again).

To get full use out of the account, sell right up to the limit (just before), and make sure you have withdrawn all the money, sometimes it means waiting for holds payments to clear. Then tip the scale so it is limited and demand docs. Then submit the docs. If it fails, then at least you made the full amount out of the account money wise. Uploading them early, means it could be culled at any point and you would loose any money or pending payments in there.

[siriuscat]

Understood. So keep selling till they ask.

I guess my opening question should of been 'why did Paypal want the documents from the off'. I was expecting to send them in when limits were reached, not before.

If Paypal goes down will that take the eBay account with it?

Either way i suppose the best advice is to open more accounts?

[rsot]

Don't forget to begin building backup accounts

[Callidus]

Originally Posted by wired

This is bad advice (again).

To get full use out of the account, sell right up to the limit (just before), and make sure you have withdrawn all the money, sometimes it means waiting for holds payments to clear. Then tip the scale so it is limited and demand docs. Then submit the docs. If it fails, then at least you made the full amount out of the account money wise. Uploading them early, means it could be culled at any point and you would loose any money or pending payments in there.

Lots of people do prefer to get this all out of the way before using the account though. It's not a given that users have to do it this way however, most probably would. Most importantly make sure you have no funds in the account apart from those to pay eBay fees

[wired]

Originally Posted by Callidus

Lots of people do prefer to get this all out of the way before using the account though. It's not a given that users have to do it this way however, most probably would. Most importantly make sure you have no funds in the account apart from those to pay eBay fees

Yes I agree, but your words there, BEFORE the account is used, that makes sense, I certainly wouldnt submit it while using the account as you never know when D day may come and you could have a grand worth of holds in there when computer says NO. In this case, the OP is already using the account.

[muzzie]

I created stealth several months ago, sold 1 item, instantly was asked to submit docs. Submitted them, they were accepted. Later on, when they saw a trend that I will bump into yearly limit in the nearest future, they asked for docs again. Sent them the same docs I used in the very beginning, it worked, and voila - PP got all limits removed.

[siriuscat]

Excellent muzzie. Thats what I wanted to hear. The limit will be hit pretty soon so I'll let them get in touch then send in the (updated) docs.

[JamesNorth101]

It is important to remember (like everyone else has said) that even though they have passed once does not guarantee that they will pass again. It will be a different person and possible a different department looking at the docs.

There have also been a lot of changes in the last new months at PayPal and how they review docs.

[richie2065]

No point in leaving money in the account to pay for ebay fees as if they reject the documents and limit the account those funds also will not be accessible either

Originally Posted by Callidus

Lots of people do prefer to get this all out of the way before using the account though. It's not a given that users have to do it this way however, most probably would. Most importantly make sure you have no funds in the account apart from those to pay eBay fees

[wired]

Originally Posted by richie2065

No point in leaving money in the account to pay for ebay fees as if they reject the documents and limit the account those funds also will not be accessible either

Thats not what Callidus is referring too.

He is saying, and quite rightly, that never leave money in your PP account, just enough to cover ebay fees (so that an auto payment does not try to take it from your bank account through paypal causing a name to appear on the transaction) and to cover one or two refunds, in case it goes to a hold for an INR or SNAD case.

[dan_ebay]

I can't be dealing with all that ID stuff anymore, would recommend unlimited accounts from the market place or limited to just ditch or wait a year from bunny. Saves me so much stress

[Bunneh]

Originally Posted by dan_ebay

I can't be dealing with all that ID stuff anymore, would recommend unlimited accounts from the market place or limited to just ditch or wait a year from bunny. Saves me so much stress

Lol hun when first read this i thought you meant i make you wait a year for your accs haha..

I see what you are doing. You sell to just under the receiving limits and then wait for the reset the following year.