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?
![]() | 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. |