Regards receiiving limits and Verification By PayPal and the EU/UK Money Laundering regulations,I would like to refer to "The money Laundering Regulations 2007" Part 2. CDD.Requirements to cease transactions etc. 11- (1) Where,in relatioin to any customer,a relevant person is unable to apply customer due diligence measures in a accordance with the provision of this Part, he - (a) Must Not carry out a transaction with or for the customer through a bank account; (b) must not establish a business relationship or carry out an occasional transaction with the customer; (c) must terminate any existing business relationship with the customer. Application of customer due diligence (CDD) meaures. Timing of verification. 9- (2) Subject to paragraph (3) to (5) and regulation 10,a relevant person Must verify the identity of the customer (and any benefical owner) Before the establishment of a business relationship or the carrying out of an occasional transaction, Meaning PayPal NOT the customer must Verify the customer and their Bank account Before any amount howwever small is placed into that ban account. @Rimas1989 wrote: Hello, To remove receiving limits i have uploaded 2 documents: photo id and proof of adress on feb 3. After a week on Feb 10 I got a message from paypal: "Feb 10, 2015: You have received €1,800 or more in total payments to your PayPal account in this calendar year and are therefore approaching our annual receiving limit of €2,500. PayPal is required by law to comply with European Union Anti-Money Laundering regulations by collecting information from customers when they reach this limit. Please go to the Resolution Centre for more information on what you need to do. (Your case ID for this reason is PP-003-699-345-888.)" In resolution centre status says: Waiting for your response. So i've uploaded additional document - driver's license, but status did not change. It's been already 18 days since i have provided required documents. Didn't get any response or emails from paypal. So my main questions are: How long do you need to wait before paypal checks your documents and removes receiving limits? My current receiving limit is 140$. On march 1 I suppose to receive 200$. If the limits will not be removed till that date, what will happen to 200$? Because it's over the limit will the money be rejected? Here some screenshots of my paypal regarding this issue: http://i.imgur.com/TeZ0ZP0.png Resolution centre - as you can see 3 uploaded documents and status says: Waiting for your response. After pressing on resolve button i get transferred to this page: http://i.imgur.com/CeoTv7e.png Do i need to do something else or just wait it out? I'm from Europe, Lithuania if it's relevant.
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