I sent more money via PayPal than my bank's daily limit?

nzrein
New Community Member

I had to send my American friend some money (about $2800 CAD) for an upcoming holiday. I completely forgot that my bank has a $2000 daily limit when I sent the money. 

I called my bank and they said they were not able to raise the limit. 

I called Paypal and they said it would be okay as long as the money was in my account. They said they could take it out in 2 different installments. Does this sound correct? I paid directly with my chequing account, and not a card. Any advice is appreciated, thank you!

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