Paypal Question
2014-07-02, 04:59 AM,
#1
So I have a question about paypal limits. What means if Receiving limit per year is 2.500 euros? This means I won't be able to get more than this amount per year?
Reply
2014-07-02, 01:43 PM,
#2
(2014-07-02, 04:59 AM)d00my Wrote: So I have a question about paypal limits. What means if Receiving limit per year is 2.500 euros? This means I won't be able to get more than this amount per year?

Well, I'm not 100% but take a look here:
Quote:Business Type Description Individual/Private Person An individual who hasn't got a registered business. Sole Proprietorship/Small Entrepreneur Registered with the authorities as self employed. Partnership An association of two or more individuals carrying on a business in common with a view to making a profit. Corporation A private company limited by shares. Nonprofit A legal entity or organization that primarily engages in raising or disbursing funds for purposes such as charitable, educational, other types of "good works". Government Entity A business, organization or agency owned by the government or a local authority, or through which the government or local authority operates.

From what I can tell PayPal will flag you up when you hit a certain amount, so, unless you are a business you may only be limited to 2500 euro/year. PP have to meet with a law in regards to anti money laundering, it might be worth looking into a Premier account and seeing if the limit goes higher for you. You will need to provide your personal ID and passport when doing this.
Reply
2014-07-02, 02:09 PM,
#3
(2014-07-02, 01:43 PM)ϟ★Hawk Eye★ϟ Wrote:
(2014-07-02, 04:59 AM)d00my Wrote: So I have a question about paypal limits. What means if Receiving limit per year is 2.500 euros? This means I won't be able to get more than this amount per year?

Well, I'm not 100% but take a look here:
Quote:Business Type Description Individual/Private Person An individual who hasn't got a registered business. Sole Proprietorship/Small Entrepreneur Registered with the authorities as self employed. Partnership An association of two or more individuals carrying on a business in common with a view to making a profit. Corporation A private company limited by shares. Nonprofit A legal entity or organization that primarily engages in raising or disbursing funds for purposes such as charitable, educational, other types of "good works". Government Entity A business, organization or agency owned by the government or a local authority, or through which the government or local authority operates.

From what I can tell PayPal will flag you up when you hit a certain amount, so, unless you are a business you may only be limited to 2500 euro/year. PP have to meet with a law in regards to anti money laundering, it might be worth looking into a Premier account and seeing if the limit goes higher for you. You will need to provide your personal ID and passport when doing this.

That's awfull. Then I will try to switch to Payoneer but it seems my request is never reviewed by them. Thank you Hawk for this useful information. :)
Reply
2014-07-02, 02:11 PM,
#4
(2014-07-02, 02:09 PM)d00my Wrote:
(2014-07-02, 01:43 PM)ϟ★Hawk Eye★ϟ Wrote:
(2014-07-02, 04:59 AM)d00my Wrote: So I have a question about paypal limits. What means if Receiving limit per year is 2.500 euros? This means I won't be able to get more than this amount per year?

Well, I'm not 100% but take a look here:
Quote:Business Type Description Individual/Private Person An individual who hasn't got a registered business. Sole Proprietorship/Small Entrepreneur Registered with the authorities as self employed. Partnership An association of two or more individuals carrying on a business in common with a view to making a profit. Corporation A private company limited by shares. Nonprofit A legal entity or organization that primarily engages in raising or disbursing funds for purposes such as charitable, educational, other types of "good works". Government Entity A business, organization or agency owned by the government or a local authority, or through which the government or local authority operates.

From what I can tell PayPal will flag you up when you hit a certain amount, so, unless you are a business you may only be limited to 2500 euro/year. PP have to meet with a law in regards to anti money laundering, it might be worth looking into a Premier account and seeing if the limit goes higher for you. You will need to provide your personal ID and passport when doing this.

That's awfull. Then I will try to switch to Payoneer but it seems my request is never reviewed by them. Thank you Hawk for this useful information. :)

Before that research this:
Quote:it might be worth looking into a Premier account and seeing if the limit goes higher for you

It's worth giving them a call etc...
Reply
2014-07-02, 02:13 PM,
#5
(2014-07-02, 02:11 PM)ϟ★Hawk Eye★ϟ Wrote:
(2014-07-02, 02:09 PM)d00my Wrote:
(2014-07-02, 01:43 PM)ϟ★Hawk Eye★ϟ Wrote:
(2014-07-02, 04:59 AM)d00my Wrote: So I have a question about paypal limits. What means if Receiving limit per year is 2.500 euros? This means I won't be able to get more than this amount per year?

Well, I'm not 100% but take a look here:
Quote:Business Type Description Individual/Private Person An individual who hasn't got a registered business. Sole Proprietorship/Small Entrepreneur Registered with the authorities as self employed. Partnership An association of two or more individuals carrying on a business in common with a view to making a profit. Corporation A private company limited by shares. Nonprofit A legal entity or organization that primarily engages in raising or disbursing funds for purposes such as charitable, educational, other types of "good works". Government Entity A business, organization or agency owned by the government or a local authority, or through which the government or local authority operates.

From what I can tell PayPal will flag you up when you hit a certain amount, so, unless you are a business you may only be limited to 2500 euro/year. PP have to meet with a law in regards to anti money laundering, it might be worth looking into a Premier account and seeing if the limit goes higher for you. You will need to provide your personal ID and passport when doing this.

That's awfull. Then I will try to switch to Payoneer but it seems my request is never reviewed by them. Thank you Hawk for this useful information. :)

Before that research this:
Quote:it might be worth looking into a Premier account and seeing if the limit goes higher for you

It's worth giving them a call etc...

I already have Premier account. Maybe I should switch back to business and see if there is any difference.
Reply
2014-07-02, 02:15 PM,
#6
(2014-07-02, 02:13 PM)d00my Wrote:
(2014-07-02, 02:11 PM)ϟ★Hawk Eye★ϟ Wrote:
(2014-07-02, 02:09 PM)d00my Wrote:
(2014-07-02, 01:43 PM)ϟ★Hawk Eye★ϟ Wrote:
(2014-07-02, 04:59 AM)d00my Wrote: So I have a question about paypal limits. What means if Receiving limit per year is 2.500 euros? This means I won't be able to get more than this amount per year?

Well, I'm not 100% but take a look here:
Quote:Business Type Description Individual/Private Person An individual who hasn't got a registered business. Sole Proprietorship/Small Entrepreneur Registered with the authorities as self employed. Partnership An association of two or more individuals carrying on a business in common with a view to making a profit. Corporation A private company limited by shares. Nonprofit A legal entity or organization that primarily engages in raising or disbursing funds for purposes such as charitable, educational, other types of "good works". Government Entity A business, organization or agency owned by the government or a local authority, or through which the government or local authority operates.

From what I can tell PayPal will flag you up when you hit a certain amount, so, unless you are a business you may only be limited to 2500 euro/year. PP have to meet with a law in regards to anti money laundering, it might be worth looking into a Premier account and seeing if the limit goes higher for you. You will need to provide your personal ID and passport when doing this.

That's awfull. Then I will try to switch to Payoneer but it seems my request is never reviewed by them. Thank you Hawk for this useful information. :)

Before that research this:
Quote:it might be worth looking into a Premier account and seeing if the limit goes higher for you

It's worth giving them a call etc...

I already have Premier account. Maybe I should switch back to business and see if there is any difference.

If you use a business account it will certainly make a difference.
Reply
2014-07-02, 03:05 PM, (This post was last modified: 2014-07-02, 03:14 PM by VladSEO.)
#7
(2014-07-02, 02:15 PM)ϟ★Hawk Eye★ϟ Wrote:
(2014-07-02, 02:13 PM)d00my Wrote:
(2014-07-02, 02:11 PM)ϟ★Hawk Eye★ϟ Wrote:
(2014-07-02, 02:09 PM)d00my Wrote:
(2014-07-02, 01:43 PM)ϟ★Hawk Eye★ϟ Wrote: Well, I'm not 100% but take a look here:

From what I can tell PayPal will flag you up when you hit a certain amount, so, unless you are a business you may only be limited to 2500 euro/year. PP have to meet with a law in regards to anti money laundering, it might be worth looking into a Premier account and seeing if the limit goes higher for you. You will need to provide your personal ID and passport when doing this.

That's awfull. Then I will try to switch to Payoneer but it seems my request is never reviewed by them. Thank you Hawk for this useful information. :)

Before that research this:
Quote:it might be worth looking into a Premier account and seeing if the limit goes higher for you

It's worth giving them a call etc...

I already have Premier account. Maybe I should switch back to business and see if there is any difference.

If you use a business account it will certainly make a difference.

I will try and see what happens.

(2014-07-02, 02:15 PM)ϟ★Hawk Eye★ϟ Wrote:
(2014-07-02, 02:13 PM)d00my Wrote:
(2014-07-02, 02:11 PM)ϟ★Hawk Eye★ϟ Wrote:
(2014-07-02, 02:09 PM)d00my Wrote:
(2014-07-02, 01:43 PM)ϟ★Hawk Eye★ϟ Wrote: Well, I'm not 100% but take a look here:

From what I can tell PayPal will flag you up when you hit a certain amount, so, unless you are a business you may only be limited to 2500 euro/year. PP have to meet with a law in regards to anti money laundering, it might be worth looking into a Premier account and seeing if the limit goes higher for you. You will need to provide your personal ID and passport when doing this.

That's awfull. Then I will try to switch to Payoneer but it seems my request is never reviewed by them. Thank you Hawk for this useful information. :)

Before that research this:
Quote:it might be worth looking into a Premier account and seeing if the limit goes higher for you

It's worth giving them a call etc...

I already have Premier account. Maybe I should switch back to business and see if there is any difference.

If you use a business account it will certainly make a difference.

Nope..No difference. I guess payoneer remains the latest option.
Reply
2014-07-02, 03:15 PM,
#8
(2014-07-02, 03:05 PM)d00my Wrote:
(2014-07-02, 02:15 PM)ϟ★Hawk Eye★ϟ Wrote:
(2014-07-02, 02:13 PM)d00my Wrote:
(2014-07-02, 02:11 PM)ϟ★Hawk Eye★ϟ Wrote:
(2014-07-02, 02:09 PM)d00my Wrote: That's awfull. Then I will try to switch to Payoneer but it seems my request is never reviewed by them. Thank you Hawk for this useful information. :)

Before that research this:
Quote:it might be worth looking into a Premier account and seeing if the limit goes higher for you

It's worth giving them a call etc...

I already have Premier account. Maybe I should switch back to business and see if there is any difference.

If you use a business account it will certainly make a difference.

I will try and see what happens.

(2014-07-02, 02:15 PM)ϟ★Hawk Eye★ϟ Wrote:
(2014-07-02, 02:13 PM)d00my Wrote:
(2014-07-02, 02:11 PM)ϟ★Hawk Eye★ϟ Wrote:
(2014-07-02, 02:09 PM)d00my Wrote: That's awfull. Then I will try to switch to Payoneer but it seems my request is never reviewed by them. Thank you Hawk for this useful information. :)

Before that research this:
Quote:it might be worth looking into a Premier account and seeing if the limit goes higher for you

It's worth giving them a call etc...

I already have Premier account. Maybe I should switch back to business and see if there is any difference.

If you use a business account it will certainly make a difference.

Nope..No difference. I guess payoneer remains the latest option.

Oh well just switch then I guess it's all good.
Reply
2014-07-03, 02:09 AM,
#9
(2014-07-02, 02:09 PM)d00my Wrote:
(2014-07-02, 01:43 PM)ϟ★Hawk Eye★ϟ Wrote:
(2014-07-02, 04:59 AM)d00my Wrote: So I have a question about paypal limits. What means if Receiving limit per year is 2.500 euros? This means I won't be able to get more than this amount per year?

Well, I'm not 100% but take a look here:
Quote:Business Type Description Individual/Private Person An individual who hasn't got a registered business. Sole Proprietorship/Small Entrepreneur Registered with the authorities as self employed. Partnership An association of two or more individuals carrying on a business in common with a view to making a profit. Corporation A private company limited by shares. Nonprofit A legal entity or organization that primarily engages in raising or disbursing funds for purposes such as charitable, educational, other types of "good works". Government Entity A business, organization or agency owned by the government or a local authority, or through which the government or local authority operates.

From what I can tell PayPal will flag you up when you hit a certain amount, so, unless you are a business you may only be limited to 2500 euro/year. PP have to meet with a law in regards to anti money laundering, it might be worth looking into a Premier account and seeing if the limit goes higher for you. You will need to provide your personal ID and passport when doing this.

That's awfull. Then I will try to switch to Payoneer but it seems my request is never reviewed by them. Thank you Hawk for this useful information. :)

That limit can be removed, It shows you how somewhere on the page there.
However you will need to send them some documents before the limit is removed.

Any questions related to CPA belong here.
Before posting, make sure you are in the correct section.

I am temporarily absent due to family circumstances.

Reply


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