Paypal limits

[EMEvans]

Just a little note to say................if you have a paypal account and you have a business please check you limits on your account. The limit is set at £1,700 but they seem to be freezing accounts when it reaches the £700 mark if you don't lift your limits.

I'm lucky and done mine just before i had a sudden rise in income otherwise it would have been frozen and left my business in stand still :o

[0103media]

Which type of account..?

I had to have security check with them when its hit a high number of transactions.. I simple to get approved..

[Katianne]

I think I had the same thing as Mr M - I had a message from them to say I was near my limit and when I logged into Profile I had to go through a security check (it was very straight forward). It was all sorted very quickly so nothing to worry about if anyone does come accross this.

[EMEvans]

It was easy enough to do but i was un aware of them at the time so thought i'd mention it incase others didn't know :)

[Tip Top]

Is this a spending limit?:D

[0103media]

It was easy enough to do but i was un aware of them at the time so thought i'd mention it incase others didn't know :)
Cool.. Yep good thing to warn people about this..

Please note it is very simple to "upgrade" as long as you have a bank account and live in a house lol.. :D

[MrSwirl]

Is this a spending limit?:D


Just in case Swirly reads this, yes - it's about £5 a month.

[Bea]

That's why I never leave any money on Paypal long enough! Goes straight to my account as soon as possible.

[swirlyarts]

Just in case Swirly reads this, yes - it's about £5 a month.

Tee hee!! If it's an incoming amount then I've not reached it yet but fingers crossed!

[dinkins]

ha ha only just seen this...... Yep Emma is right , it was me it happened to ,

i had all my limits withdrawn already but they do a Security check for money laundering (oh if only! ) and basically coz i had received more than £650 in a Year ! stupid i know!.....

They locked up the account and asked me to do all the checks etc to verifty details, set up banking blah blah. Which had already done.

I phoned helpful paypal and was told i don't no what to say apart from to ignore it

to ignore a massive 2 page essay , had to click 3 things to actually get past it all into my account.

anyways to cut a long story short 2 weeks later it was all removed, even tho you have your limits lifted it sometimes can be flagged up by there system if you receive alot money in that is " not normal" for you.

pain in bum bum , but just be aware with all there new changes if you do upgrade from a basic account , and then remove all your receiving/sending limits it may happen to you. or it may not. if it does & you have lifted all you limits etc then just ignore it until it goes away lol

hope that makes sense:rolleyes: