| Thu Aug 14, 2014 3:14 pm|
Ok okokoko so PAYPAL. at a certain point always gives me this like message which somewhat blocks or stunts my account or idk to the point I've had to recreate my account and shit so many times u no sneaky style
It basically tells me I have recieved over a certain sum of money during the year and I am nearing some kind of annual limit (2500 euros) and thus I have to send them my IDs and stuff.
i should be able to fix this, but that's not the issue
THE ISSUE IS
this is due apparently to some EU reglementation? meaning u cant recieve over 2,5k euros in a years time. Which is problematic. That doesnt mean like "I cant have 2501 euros on my account at once" it counts everything, whether you spend the money that passed through it, recieved it, sent it to the bank, withdrew it from the bank. It's problematic cause it means I can only recieve like 600 euros more on this account until I cant use it anymore - until next may, where the counter resets.
Does anyone know like.. how to lift this limit or like if theres anyway to not have it imposed on you? Cause I have a feeling which I am pretty sure of that other account can go above said limit.
| Thu Aug 14, 2014 3:48 pm|
Is your PayPal verified? Meaning you have given them a credit card/debit card + bank account (and/or) whatever the EU equivalent of a social security number is. I didn't wanna give PayPal mine and I can't remove it but there's another option I just can't recall what.
There are certain limits to a personal account but I googled it and can't find out what they are.
| Thu Aug 14, 2014 3:53 pm|
| |I already sent you an ask on the tumbles, but I think all you need to do is verify your account by doing any of the following things:
- Quote :
- 3.2 Sending Limits. If you have a yearly sending limit on your Account, you can view it by logging into your Account and clicking on the “View Limits” link on the “Account Overview” page. For this purpose, “yearly” relates to each calendar year. We may, at our reasonable discretion (for example, without limitation, to limit fraud or credit risk), impose lower limits on the amount of money you can send through our Service. You can view the yearly sending limit on your Account by logging into your Account and clicking on the “View Limits” link on the “Account Overview” page.
3.3 Lifting your sending limit. In order to lift your sending limit, you must complete the following steps: 1) Set up Direct Debit and complete the Random Deposit Process (available to applicable customers); or 2) add a credit card and complete the Expanded Use Programme.
- Quote :
- 4.1 Lifting your receiving limit. If you have a yearly receiving limit on your Account, you can view it by logging into your Account and clicking on the “View Limits” link on the “Account Overview”. For this purpose, “yearly” relates to each calendar year. We may, at our reasonable discretion (for example, without limitation, to limit fraud or credit risk), impose limits on the amount of money you can receive through our Service. In order to lift your receiving limit, you must complete the following steps: 1) Set up Direct Debit and complete the Random Deposit Process (available to applicable customers) or add a credit card and complete the Expanded Use Programme; 2) for Business and Premier Account holders, provide supplemental business information and 3) provide us with further documents in a manner and form which we may reasonable request..
and then stuff happens
aka, link a bank account or credit card to your account
| Thu Aug 14, 2014 7:25 pm|
No no, I have had both linked since I started using it
I am already verified
edit: I will forward them my ID and info like they ask and maybe thatll life the general limit aswell I dunno
| Thu Aug 14, 2014 7:42 pm|
| | From what other people are saying (on this topic I found) it seems to be something they have to do to be sure it's not money laundering
To help prevent fraud, money laundering and identity theft, we ask you to follow steps to confirm that the bank account or credit card linked to your PayPal account is actually yours.
It's pretty dumb that they keep doing that to you, but it's just to like..make sure? I honestly don't know if you can lift that limit? I'm trying to see if maybe switching to business instead of personal would fix that.
But so far, all I'm seeing is sending in the information
| Thu Aug 14, 2014 8:10 pm|
yeah no that's what I am doing with them already, like i know it's for those reasons in which im ok to give them scans of id/bills etc
but I am just like... if that fixes the problems I have now, will it leave the annual 2500 limit on my account or will that be lifted too
LIKE i guess I am switching back to a UK account once i move back there for uni so the limit will be reset on that account but it's still bothersome to know there is a limit on these?
ANYWAY i will do what they ask annnd come back and say once it's cleared if the limit is raised, if anyone else in the eu has said problem
| Tue Aug 26, 2014 7:15 pm|
just to get back on this;;
i have submitted all the stuff they asked for and I think the wholelimit has been taken off my account
So if u get that message, just give them what they need I guess LOL