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since ‎Sep-24-2022
Country: Vietnam
Type: Business
smileBeda
smileBeda Contributor
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Re: Amount to transfer is not mentioned when makin...

by smileBeda Contributor in Transactions Archives
‎Nov-04-2022 07:36 PM
‎Nov-04-2022 07:36 PM
Thanks... but how are those links helpful? ... View more

Amount to transfer is not mentioned when making a ...

by smileBeda Contributor in Transactions Archives
‎Oct-31-2022 02:58 AM
‎Oct-31-2022 02:58 AM
I have patiently waited 2 months to be allowed to make a transfer from my PayPal to my Bank Account (business PayPal Account) Now that the funds are freed for transfer, I tried to transfer, yet, when I do so it says: The amount you entered is less than the minimum.   1. There is nowhere a hint or else info about WHAT that minimum might be 2. It is hilarious, that after 2 months waiting to test my PayPal > Bank transfer (which is still not guaranteed to work) I am hung on a "not enough money" issue   After all, NO ONE here was able to guarantee me that PayPal to Bank actually DOES Work for my situation. So I am sure as hell not going to deposit WHO KNOWS HOW MUCH (1`0, hundred, thousand?!!) dollar to my PayPal Business account just to discover that they for whatever reason, later won't allow me to make transfer to my Company Bank Account   All in all, I believe PayPal is about to lose a prospect and future client, but, I wanted to ask the community where I can at least see the minimum amount I am supposed to transfer.   It is hilarious that this is not communicated transparently WHEN OPENING THE ACCOUNT or at least, hey, when trying to make a transfer. Thank you. ... View more
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Re: What to do next, how to have trust in PayPal, ...

by smileBeda Contributor in Transactions Archives
‎Sep-25-2022 09:08 PM
‎Sep-25-2022 09:08 PM
Aaah well ok - the agreements/policy there is very confusing then.   All clear in this case - I just have to actually _purchase_ something and not just send in the blue and that is of course always the case when I offer from my PayPal business entity. It is not used for personal goals (believe me my own tax authority would be very fast in stopping this 🙂 )   Thanks! I guess I will wait the number of days then, and put the thing online right after that so I can be sure the payment actually works    ... View more

Re: What to do next, how to have trust in PayPal, ...

by smileBeda Contributor in Transactions Archives
‎Sep-24-2022 11:42 PM
‎Sep-24-2022 11:42 PM
 thanks for your reply.   I am very worried about this  Business accounts will not be able to receive personal transactions starting 31 October 2022   That... means a client will not be able to pay with their PayPal anymore (which obviously will be a "personal" account, no one in the world has a business account unless they have a business)? Then I will have to look for other solutions and ask PayPal to empty my account somehow. How on earth would a business be able to operate, if they cannot accept payments from private clients?! It is even against their own guidelines: >  You can also use a personal account to receive payments for the sale of goods and services, but if you plan to use your personal account primarily to sell things, you should consider a business account. You can convert your PayPal account from a personal account to a business account should circumstances change. > They expect me to have a business account to sell things. So ... rofl. How would I sell things, if no person could ever transfer money? This makes no sense. ... View more

What to do next, how to have trust in PayPal, if t...

by smileBeda Contributor in Transactions Archives
‎Sep-24-2022 04:04 AM
‎Sep-24-2022 04:04 AM
Hello,   I have recently (about 1 week ago) set up a business PayPal account. I have connected my business bank account to the PayPal account. I have then made a "test" payment to the business PayPal of 10USD   I wanted further to test how PayPal sends the money to my business bank account, because there are particular rules I have to fullfill for that bank to accept any transaction. I do not want thousands of dollars in my PayPal business account and then discover that they do not make the payment properly.   However, as I attempted to "cash out" the PayPal money to my business bank account, PayPal tells me this: Why your money is on hold PayPal will withhold any money from sales because: You’re new to PayPal, or we have limited selling history on this account. How to help get your money sooner Process 9 more payments for goods and services. Process $190.74 USD more in sales. Have no disputes for 55 more days. Now my questions: Do I have to fullfill all 3 of those points, or just one of them? WILL PayPal allow me to send the money to my company bank account after, or are there more surprises? Hopefully it is understandable that I will NOT deposit or sell worth of 200 USD into PayPal, if I have no actual guarantee that I can then also withdraw that money in a proper way to my company bank account. It is also very unclear if I have to fullfill all THREE conditions, or just ONE. Can I deposit 200 USD from my personal Paypal to this business PayPal? Will that be accepted? Can I then test the transfer to my company account? It is crucial for my business to receive the money in a very particular way, which seems to be what PayPal will do (BIC Transfer in USD, even if the country and bank Account is NOT in USD). But I must see it working first. ... View more
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