What does Per transaction limit mean under Receiving limit?

[ferzen]

Hello everyone,

In our limits section it appears:

Balance limit

Daily

No limit

Receiving limit

Per transaction

$1,027.79 of $1,027.79 USD remaining

What does the receiving limit mean?

A. That in total we can receive that amount.

B. That every transaction cannot exceed that amount but in total there's no limit.

Would really appreciate your knowledge!

Thank you!!

[PayPal_Bindu]

Hello @ferzen,

Thank you for the post and welcome to our community forum!

We only ask you for the essential information so you can immediately start to use your account. To do this, all accounts are initially 'unverified' and have limits on receiving money. If your account is verified, then there will be no transactional limits in your PayPal account.

I hope this helps.

Bindu

[ferzen]

Thank you very much for your reply.

Our account has already been verified by linking our bank account and confirming the 2 (two) deposits, and it's been a week already.

That is why it is strange for us to still see there are limits.

Is there a glitch or a bug affecting accounts verification in general?

[PayPal_Bindu]

Hello @ferzen

For this one, I recommend you to contact our team by clicking the contact us option at the bottom of PayPal page or send us a message through our Twitter(@AskPayPal) and Facebook page for additional assistance.

Bindu