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Does Paypal limit you once you hit $2,000?

Discussion in 'Ebay' started by rhino2020, Jan 19, 2012.

  1. rhino2020

    rhino2020 Junior Member

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    I recently crossed the $2,000 mark on one of my paypals I went to withdraw and they limited me wanting my ssn and proof of id and such. I only had 2 2 returns that didn't open a case so I'm confident thats not it. I had heard it was 200 transactions or $2,000. is that still correct?

    Well I'll have a nice bday gift in 6 months
    I hate those bastards with a passion.


    Could you setup a account in "another country" to avoid this issue in the future?
     
    Last edited: Jan 19, 2012
  2. sergfro

    sergfro Registered Member

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    its probably what you're selling although the 3 accounts I currently have active selling vero average 2,000 a month but have not been limited. its probably a certain item you sell.
     
  3. GreenGoblin

    GreenGoblin BANNED BANNED

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    PayPal limits u based on a lot of factors, what your selling and how you selling them
     
    Last edited: Jan 19, 2012
  4. yungmoney

    yungmoney Newbie

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    Paypal will limit you regardless when you reach a certain amount. Here in the UK it is £1900 as your receiving limit, then they ask for proof of ID and what not.
     
  5. shravandude

    shravandude Jr. VIP Jr. VIP Premium Member

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    IF its a new one they will limit your account irrespective of what you are selling. Getting 2000$ for new account look fishy for them.
    Also there are no rules like if you cross the 2000$ barrier your account will get limited. Once you provide all the necessary proof and documents you will not face any problem. but in the long run taking money through papal is a pain, cant expect what happens next.
     
  6. shaddelick

    shaddelick Regular Member

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    Also withdrawing too often or too much at one time can cause you to get limited. So many factors that can get you limited, hard to pin point what causes the limitation.
     
  7. rhino2020

    rhino2020 Junior Member

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    I was selling the same items as I was on my other accounts just a little more volume.
    Fixing to move away from ebay/paypal anyway.
    Just got accepted for a offshore merchant and putting the finishing touches on my site.
     
  8. rhino2020

    rhino2020 Junior Member

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    Anybody ever tried to incorporate advertising for your site on a ebay listing just to drum up traffic to start off?
     
  9. thugrealist

    thugrealist Junior Member

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    Lol, once they limited me when I tried to withdraw 7$.
     
  10. shaddelick

    shaddelick Regular Member

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    It can definitely be done, and the results are pretty descent too. You have to get creative as to not get your add flagged(picture with url/Clickable pitcture) but i have done it a in the past.

    I would like to know more about your offshore merchant account venture, would like to know how to go about it.
     
  11. goodguy

    goodguy Newbie

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    Its $20,000 and 200 transactions but sometimes they can ask for it before you reach that mark. You tried to withdraw $2000 all at once? That is a no no. I try not to withdraw more than $500 at a time.
     
  12. rhino2020

    rhino2020 Junior Member

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    I tried to withdraw $450 and they reversed it. Amazing how it takes 3-4days to reach my bank account but even after 12 hours since I clicked withdraw they can instantly reverse it.
     
  13. Translator

    Translator Newbie

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    Dude, I'll tell you your mistake. Not veryfing the PP account.

    You only needed to get a VCC and VBA and you woulb be fine, no SSN required, you stayed above the radar, and they got you.

    Now, if it's your legitimate account, just solve it and keep doing your thing.
     
  14. BuildMoreLinks

    BuildMoreLinks Jr. VIP Jr. VIP Premium Member

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    Keep it simple with them, anytime you are expecting a big payment give them a call before and you should be safe. Also use a Vaild CC on the paypal account. Don't use any proxies to logon on to your account (I made a mistake and my account was locked for 2 days).
     
  15. viralmediaent

    viralmediaent Newbie

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    For 3 Months Now My Verified Paypal Business Account has had a 50 Percent Reserve on it. They keep 50 percent of all transactions for 60 months from the date of that transaction. I have even tried reporting this matter to the Federal Reserve to no avail. Not sure if this is what you are going through but its definitely a bummer. :damnit1:
     
  16. tmphilly

    tmphilly Newbie

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    Trying to withdraw an amount that high is begging for a limitation
     
  17. conper

    conper Registered Member

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    I have never been limited by them