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Paypal not getting limited in 2020? Safe to withdraw?

Discussion in 'BlackHat Lounge' started by raawow, Feb 18, 2020.

  1. raawow

    raawow Regular Member

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    I have an old PP business account from 10 years or so ago that has some money on it. Limit says 30k per month/day.
    I was thinking of extracting up to 500€ per month to a bank account. Is this a safe strategy?
    I've read a lot about accounts getting limited because of suspicious withdrawals and the account hasn't had much withdrawals since a few years so it may tick off the alarms if I suddenly withdraw.

    I don't want it to get limited because then it takes them forever to unstuck it and I can't get any money sent to that account in the meantime, which would suck.

    What is the best strategy? I am too paranoid? What amount is safe to withdraw in 2020? Thanks guys!
     
  2. TomTheCat

    TomTheCat Power Member

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    I don't think is about a limit on a transaction, but a limit on the amount of transactions you make too.
     
  3. raawow

    raawow Regular Member

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    You mean withdrawals? As I said I would do 1 withdrawal per month to make sure.

    Still looking for more input on this. :)
     
  4. INCC

    INCC Jr. VIP Jr. VIP

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  5. TomTheCat

    TomTheCat Power Member

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    Yes. I think there is a limit of transactions, until they will ask something from you. Even if you withdraw or pay with it. It can work for 5 consecutive transactions, but for the 6th, they will ask you something.
     
  6. drehdinho

    drehdinho Regular Member

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    Biggest strategy is to have PayPal called before you embark on whatever plan of you.

    Disclose where the money will be coming from, the amount you intend to do weekly and the purpose.

    Do this about two times and get a go ahead from them. If possible make them send a written mail to you in this regard.
    Enjoy.!
     
  7. TomTheCat

    TomTheCat Power Member

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    He already has the cash sitting there...
     
  8. drehdinho

    drehdinho Regular Member

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    In that case, he should still call them informing them about his future activities on the account. He won't have any problem.
     
  9. raawow

    raawow Regular Member

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    Well the income is from SMM partly which is a afaik a greyzone for paypal. Also I read when searching the topic here that calling them may also trigger a further investigation. Does that change anything? And what does calling them actually do? Has anyone done this?
     
  10. Robyries

    Robyries Power Member

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    Try to warm up first like buy service, transfer to other paypal account..

    Don't do instantly withdrawal of 500€ after you paypal not in use for long time
     
  11. raawow

    raawow Regular Member

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    Have you done this before? Do I just call them and ask "Hey I have X amount on my paypal account and want to make it to my bank account. Would you recommend this?"
    Don't even know if you can get anything else besides level 1 support on the phone. Have you tried this strategy before?

    Thanks, this makes sense. When should I start moving off to my bank account after doing these other transactions?
     
  12. raawow

    raawow Regular Member

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    Anyone else with some recommendations? The limit in the account say 30K, so after warming the account up a bit transferring small sums to my bank account should be fine, right?
     
  13. qualityservice

    qualityservice Jr. VIP Jr. VIP

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    send small transaction of under $100 to your paypal 5 times a montn. You will be okay
     
  14. thaw

    thaw Jr. VIP Jr. VIP

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    Always deal with caution.

    My personal account was banned and was not allowed to create another account. However after moving to a different city, i was able to create and verify it again lol.
     
  15. raawow

    raawow Regular Member

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    From my business to personal account? But then I will soon have the same issue on my personal account when I want to get the money from there to my bank account. :/
     
  16. RebeccaThomas

    RebeccaThomas Jr. VIP Jr. VIP

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    500 Euro a month isn't that much IMHO. I export that amount weekly with no real issues.

    Just how much exactly is in your account?
     
  17. qualityservice

    qualityservice Jr. VIP Jr. VIP

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    You wont be having any issue if you withdraw in parts. Don't worry
     
  18. raawow

    raawow Regular Member

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    ~15k which I want to move to my bank account as quickly as possible considering the horror stories you read here about frozen/limited accounts etc.

    So I both withdraw from my business paypal account to business bank account and also from business paypal account to personal paypal?
     
  19. HustleTong

    HustleTong Jr. VIP Jr. VIP

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    Withdraw in smaller amounts and it would be okay. Much better to have it transferred to other PP accounts.
     
  20. Wilcoo1

    Wilcoo1 Registered Member Premium Member

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    No point sending money to a different paypal, its asking for trouble.

    If you're only in to make money off the paypal, only withdrawl to your bank. I've been doing the same on plenty of paypals for years.

    But as the paypal hasn't been used for a while, I do suggest making small withdrawals, one a week and up it by a bit every week.