akbsol
04-02-2008, 02:08 PM
My PayPal limits page shows:
Withdrawal Limit
Your Monthly Withdrawal Limit is the maximum of money you can withdraw monthly from your PayPal account.
Your Monthly Check Withdrawal Limit is: $2,500.00 USD per month
$2,500.00 USD Remaining*
Your credit or debit card daily withdrawal limit is the maximum amount you can withdraw to your card each day.
Your daily card withdrawal limit is: $500.00 USD per day
$500.00 USD Remaining
* Amounts withdrawn from bank account will also apply to this limit.
Limits refer to your primary currency. If you use a different currency, we will convert the equivalent amount to your primary currency and amend the limit accordingly.
From what I understand:
1. I cannot withdraw more than $500 in a day to my Credit Card.
2. I cannot request a check of amount larger than $2500 in a month.
But:
1. Is it possible to withdraw $5000 by withdrawing $500 to my Credit Card each day for 10 days?
2. What does the line: "Amounts withdrawn from bank account will also apply to this limit." mean? Does that mean that I cannot withdraw more than $2500 to my bank account in a month? But it writes "withdrawn from bank" not "withdrawn to bank".
Anyone please clarify this to me..
Thanks,
Akash
Withdrawal Limit
Your Monthly Withdrawal Limit is the maximum of money you can withdraw monthly from your PayPal account.
Your Monthly Check Withdrawal Limit is: $2,500.00 USD per month
$2,500.00 USD Remaining*
Your credit or debit card daily withdrawal limit is the maximum amount you can withdraw to your card each day.
Your daily card withdrawal limit is: $500.00 USD per day
$500.00 USD Remaining
* Amounts withdrawn from bank account will also apply to this limit.
Limits refer to your primary currency. If you use a different currency, we will convert the equivalent amount to your primary currency and amend the limit accordingly.
From what I understand:
1. I cannot withdraw more than $500 in a day to my Credit Card.
2. I cannot request a check of amount larger than $2500 in a month.
But:
1. Is it possible to withdraw $5000 by withdrawing $500 to my Credit Card each day for 10 days?
2. What does the line: "Amounts withdrawn from bank account will also apply to this limit." mean? Does that mean that I cannot withdraw more than $2500 to my bank account in a month? But it writes "withdrawn from bank" not "withdrawn to bank".
Anyone please clarify this to me..
Thanks,
Akash
