Length of time before can send the maximum amount

Setty215
Contributor
Contributor
How long in general will it take from when someone registers until they can transfer $60k multiple times (assuming that they are diligent with submitting documents, etc.? Is there a daily, weekly, and/or monthly limit?
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3 REPLIES 3

kernowlass
Esteemed Advisor
Esteemed Advisor

@Setty215 

 

https://www.paypal.com/us/cshelp/article/HELP286


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Setty215
Contributor
Contributor
@kernowlass Thanks for your reply. I read that article. My questions are how long and what does the verification process entail? Upon verification can you immediately send $60k per transaction? Is there a daily, weekly, monthly limit? Could you send $240k in a day?
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PayPal_Meghan
Moderator
Moderator

Hello @Setty215 and @kernowlass

Thank you both for posting in the Community, and welcome, @Setty215!

I understand you'd like to learn more about transaction limits, @Setty215, and I'd be happy to provide some information. After verifying your account, the transaction limits are immediately listed to match the article @kernowlass provided. However, if you have a brand new account, you may not be able to make a large transaction immediately. When sending a payment, you will be notified if you have exceeded your current limit. Our Security System reviews each transaction and determines if there's any risk assessed. Your available payment methods and transaction limits can vary based on any risk found. For this reason, a specific timeframe of how much you'd be able to send per day and how often cannot be provided. I apologize for any inconvenience this may cause. 

Please have a wonderful week! 

- Meghan


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