Sending limit for Basic PayPal members?

[Morino2]

Hi,

What's the sending limit for a Basic PayPal member with a verified Credit Card? And does it reset, and if so, is this the case monthly? 

I keep seeing and hearing conflicting statements regarding this, hence the question.

Thank you in advance. 

[Oregon11]

@Morino2

PayPaI is country specific. In which country are you?

[Morino2]

The US. 

[Oregon11]

@Morino2

Accounts are either Personal or Business.

Here is a PayPal link with details on sending limits.

https://www.paypal.com/us/smarthelp/article/what-is-the-maximum-amount-i-can-send-with-my-paypal-acc...

[Morino2]

Thanks, but I was looking for more of an exact amount and what about the reset period? Does that even exist? 

[Oregon11]

@Morino2

If you're verified, any limits have been removed because PayPal criteria have been fulfilled. As you use your account to continually send and receive funds, there may be an internal limit that will be met. If there is an internal limit, when that limit is met, PayPal will contact you to let you know how to proceed. Until that time, feel free to use your account the way you want. 

You can send up to $60,000 in a single transaction, but you may be limited to only $10,000, in a single transaction.

Here is a PayPal link with details on if you're verified.

https://www.paypal.com/us/cgi-bin/webscr?cmd=_show-limits&req_from=view_limits