Sending/Spending Limit

Arkwoman1990
Contributor
Contributor

So i assume this is the right place to ask but my sending limit was lifted on paypal so i was wondering if it would affect the limit i have through my bank which is like 1k daily. If i pay using paypal will it affect it?

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2 REPLIES 2

sharpiemarker
Esteemed Advisor
Esteemed Advisor

You can spend as much as you have in your bank and credit card limits dependent upon your funding priority (how you back up your PayPal account to pay for purchases) and PayPal's own standard spending limit even if lifted. If the spending makes your bank balance go below a limit, it would effect your standing with your bank or your credit card (if that is used) because that is where you would fund PP account.  Or if you do not have enough money to cover your spending, the bank may charge overdraft fees.


Kudos & Solved are greatly appreciated. 🙂
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DPCreations
Frequent Advisor
Frequent Advisor

PayPal's limit does not override your local banking limits and it does not override goverment limits.  Banks must comply with banking laws and limitations which can require special reporting to government regulators.  International limits will also be imposed as required.  Multiple transfers can also triger extra scrutiny and security alerts with unknow outcomes.  Anthing with the appearance of circumventing rules should be avoided.

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