Account limits - how do i go about it

Sbporter48
Contributor
Contributor

Hello,

 

i have had my paypal account for some time, but have not used it because i have been emailing paypal trying to get the answer to this sorted. I have had no luck and see a few people here have had the same issue. I have completed all the varification steps and have green ticks but i still have a recieving limit in place. can anyone explain how i get rid of this,. i have emailed paypal monthly and get automated responses. i dont seem to be able to get this sorted.

 

Many Thanks

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3 REPLIES 3

SkyForce6
Contributor
Contributor

Have you completed all these steps?

 

If you have a verified credit/debit card and a verified bank account and a confrimed address then perhaps you have forgotten to provide some basic business information? This can be done under Profile>Business information>Update>Edit. Add some basics there and your limit might be lifted.

 

Info from PayPal:

"

How can I remove sending, receiving and withdrawal limits?

All PayPal accounts are initially ‘Unverified’ and have limits on sending, receiving and withdrawing money. To remove these limits and to comply with EU law, we will ask you to verify more information about yourself by completing some or all of the steps below:

  1. Set up bank funding
  2. Link and confirm a credit or debit card
  3. Provide business information (Premier and Business accounts only)
  4. Confirm your address

By setting up bank funding your PayPal account will become Verified.

You can complete the steps and remove all your limits, as follows:

  1. Log in to your PayPal account at www.paypal.co.uk
  2. Click the 'View Limits' link on the ‘Account Overview’ page
  3. Tick the box next to ‘Receiving Limit per year’ and click 'Lift Limits'
  4. Follow the instructions to lift each one
Note: You can begin these steps at any time, however if all the steps are not completed and you reach the annual receiving limit of £1,700 then you will no longer be able to withdraw or send money, fund transactions or close your account until you complete the steps."
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Sbporter48
Contributor
Contributor

yes all steps completed and i have a green tick in the lift limits section for all sections including confirm address add credit card and bank account

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Sbporter48
Contributor
Contributor

many thanks didnt see the business bit ive done that now and it has updated ok

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