Why is there a Monthly Cash deposit limit for a business account?

Koncrete_Kowboy
New Community Member
Ok so I use my PayPal business account for lots of expensive purchases for parts and repairs to my vehicles we use for the business. I’m working on a truck and so far it’s taking over $12,000 in parts. I order parts online and I refuse to use my bank account for anything related to the internet as we’ve been victims of scammers in the past! That being said I deposit money onto my account using my PayPal business card at the local Dollar General or Walmart store. I tried a deposit earlier and got denied saying “unable to process this amount” ($500). From what I’ve gathered there’s a $1500 daily limit for cash deposits. Four cash deposits per 24 hour period, 7 cash deposits per week and $5,000 limit per month! So what the crap is this? I mean if you allow four deposits a day but only 7 per week and then cap it off with a total monthly limit of $5000, would that not put people in a tight spot if they rely heavily on this account to do business? Our business bank account uses way more than that each month for several different reasons. If you’re gonna advertise as a business account and allow us to use your platform for business transactions then you must understand that in some cases a business transaction may be more than $5,000 in one transaction. It’s unreal at the ridiculous limitations we deal with using this platform! My actual question is this, How can I raise that monthly cash deposit limit? Is it possible because if not then I may need to look into a different platform.
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