I'm a buyer, not a seller - almost 9 years. Made a purchase two weeks ago following which I renewed my credit card. Made another purchase today and got the "sending limits" message. Updated the credit card renewal info - verified. Now PayPal /Ebay want my bank info. Called customer service. Need bank info - anti-money laundering requirement. PayPal has all of my person information - my purchases have always been within $500 - and being in law enforcement - economic crime - I know a little about money laundering and reporting requirements. The help line person told me to open a new PayPal account with a new email should fix the problem. Providing bank info would permit PayPal to debit my bank account instead of credit card.
... View more
