foreign business

[onasportster]

can I send money to russia without amount limits?

[snowshoe]

Assuming you have a US PayPal Account and it's "verified", there's a $10,000 cap on individual transactions meaning if you were going to send $20,000, it would require two transactions of $10,000 each.

[onasportster]

Thanks, and is there anything special I have to do to be 'verified', or just have a legitimate basic PP account?

[snowshoe]

PayPal's FAQs state: To Verify your PayPal account, just link your bank account to your PayPal account or be approved for PayPal Smart Connect or the PayPal Plus MasterCard®.

From experience, we’ve learned that in order to use PayPal without limits, it best to link and confirm a bank account (checking account) plus link and confirm a credit card (not the prepaid type) or register your SSN # or your EIN #.  We did all three.  (Note, when you link and confirm a credit card, this acts as additional proof of ID, a backup funding source and allows you to do instant transfers verses sending eChecks or in the UK eCheques.)