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View Full Version : Simple PayPal question


Ron
02-10-2009, 12:04 PM
Does PayPal have a limit as to how much funds you can receive in a month using a personal account without getting charged a fee?

Nizumzen
02-10-2009, 12:14 PM
Does PayPal have a limit as to how much funds you can receive in a month using a personal account without getting charged a fee?
Yes but I have forgotten how much it is. You need to have a premier or business account to remove the limits.

Ron
02-10-2009, 12:48 PM
I don't think there is a limit as to how much you can receive. But I think they start charging you a fee for inbound transactions after a certain threshold. What I am trying to find out is what that threshold is?
As to a premier or business account, you have to pay a fee on all inbound transactions. Hence my interest in a personal account.

Brittain93
02-10-2009, 02:01 PM
Its set to 1500 $ or £ , then you have to get verified

dreamcodedesign
02-10-2009, 06:54 PM
The max you can recieve is $500 a month with just your bank account verified. As far as when they charge you, I have no idea. Your best bet would be contacting PayPal via phone. https://www.paypal.com/cgi-bin/webscr?cmd=_contact-general But, the ability to recieve Credit and Debit Cards is limited.

Shikhir A
02-10-2009, 08:20 PM
Funds you can receive a month are "Unlimited". Funds you can send out are limited if you are a Unverified buyer, I believe they are $2,000, but Unlimited for all verified personal/premier/business accounts.
But you can't receive more than I believe 5 creditcard payments with personal.
Now if you are talking about "not getting charged a fee," then here's your answer.
PayPal 'forces', in such, members to upgrade to premier/business accounts if they are receiving a lot of money. Otherwise they'll probably limit your account or auto-upgrade it, as it's a risk to them at someone sending in thousands and PayPal not benefiting.
Now if you're a premier member the fee/tax is less than business, but it is still a fee.
The amount you can send to a bank account is $500 USD weekly I believe -- (could be monthly for unverified).

Fred88
02-11-2009, 12:01 AM
Thanks for all information.