withdrawal limits.

aandrei
Contributor
Contributor

Hello,

 

Altough I have verified my credit card , when I go to "view limits" in my account there are:

1. a daily withdrawal limit of 500euro

2. a yearly receiving limit of 2500euro.

 

Only the second limit has a tick next to it for lifting it, which directs me to verifying my card (again). 

If I verify my credit card again, will both these limits be lifted? I am mostly concerned with the first limit since it does not appear to have a lifting option.

 

I have a verified premier account, will upgrading it solve these problems ?

 

I hope this message was not confusing,

Thanks for your help,

Andrei 

 

 

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3 REPLIES 3

snowshoe
Frequent Advisor
Frequent Advisor

Don't think verifying your card again or upgrading your account is the answer, knowing PayPal, that may glitch things up for you.  Usually a  bank account and credit card does the trick.  Don't know if you want to do that however, you've already linked and confirmed the card. 

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aandrei
Contributor
Contributor

Thanks for the answer. 

 

I've given customer support an email and it seems that for the daily withdrawal limit to be lifted or increased I have to:

 

  • Have a Verified PayPal account.
  • Have a PayPal account for 90 days.
  • Have no open buyer complaints.
  • Have had no limitations on your account in the last 30 days.
  • Have received over $10,000 USD in commercial payments since opening your account

I currently lack the last one. If I manage to lift the limit I'll let you know.

Cheers

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snowshoe
Frequent Advisor
Frequent Advisor

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