How long does it take to receive money sent to you by a friend as a gift?
RedHighHeels
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Posted on
Nov-29-2015
09:51 PM
I know that PayPal holds your money for like up to 21 days until it clears and is available. Does it matter if it's $5k? I am receiving...
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kernowlass
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Nov-30-2015
02:58 AM
Paypal only holds funds of new "sellers".so if you receive a payment for family / friends then it should not be held in pending under the new seller hold.
How much you can receive depends on if you have lifted your limits etc.
Gift payments are normally instant but can go up to a few hours.
But if a seller is accepting gift payments for sales, (which you are not allowed to do as it negates buyer protection and evades paying seller fees) then you risk account limitation.
Advice is voluntary.
Kudos / Solution appreciated.
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