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paypal sending limit
muddyweb:
--- Quote from: "rokcrawlin" ---it is related to how much your credit card is limited to and the outstanding balance on it it only needs to be a matter of pence over too
--- End quote ---
I don't think that is the case. Aside from anything else, they have no way of telling what your card limit is, since you can set it up on a debit card / standing order.
I'm pretty sure it is just a cumulative £500 limit.
gords:
--- Quote from: "muddyweb" ---I'm pretty sure it is just a cumulative £500 limit.
--- End quote ---
Yes, it is. My brother has just gone through the exercise of setting up a verified account for the same reason.
It's all fairly easy to do, just takes a little while. If you've got Internet Banking, you can keep checking daily for the codes/amounts, rather than waiting for your bank statement to arrive.
Budgie:
You may already have the code!!!!
If you supplied your bank details to PayPal went you joined then it will be on your statement from that time.
When you first joined they charged you a joining fee and this will be on your statement, by the side of the amount is the code they are looking for.
I went through this a few months ago and had to go back through 3 years worth of statements to find it.
I'm not sure what the limit is but they count the amount spent on the card over a month. So if you've spent alot on eBay in the last month and used PayPal to pay for it the that's why.
Also, once you'v entered the code then your address becomes "Verified" and they credit your initial joining fee to your PayPal account. :wink:
Priglet:
Thanks you've reminded me to verify my account. I even amazed myself by being able to find the bank statement from when I started using Paypal :D
Mace:
Also, if you receive money through paypal (i.e you sell stuff) then they ask you for your inside leg measurement and your mothers shoe size when you reach the magic £5k mark. Just to be sure you're not laundering the folding stuff. :shock:
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