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Paypal sending limit?????

can all you lovely people on the ebay board help me with a query?

i was going to purchase an item on ebay tonight but when i went to complete the sale, paypal informed me that i had exceeded my sending limit. now i have never ever come across this before and couldn't find much help on the paypal site. the transaction was only for £20 and i have over £40 sitting in paypal from a sale earlier in the week, so what's the problem? all it would let me do was go to an option to add a bank account.

helpful suggestions please cos i have no idea :confused:

i'm now unwillinbg to even bid on anything ending soon incase i can't get paypal to work

Comments

  • Sugar_Coated_Owl
    Sugar_Coated_Owl Posts: 12,379 Forumite
    You will need to complete PayPal's expanded use process in order to send anymore funds.
    --><-- Sugar Coated Owl --><--

    If you believe, you will survive - Katie Piper

    Woohoo! I'm normal! Gotta go tell the cat.
  • tattoo_3
    tattoo_3 Posts: 46 Forumite
    sorry you have lost me now. the funds are there that's what i don't get.
    over £40 in paypal account ,transaction tonight was for £20 what's the problem??
  • pennylane99
    pennylane99 Posts: 5,783 Forumite
    1,000 Posts Combo Breaker
    if you are not verified you have a monthly sending limit....
  • tattoo_3
    tattoo_3 Posts: 46 Forumite
    i am verified, have been for some time...... :confused:
  • pennylane99
    pennylane99 Posts: 5,783 Forumite
    1,000 Posts Combo Breaker
    Amendment to the Payments (Sending, Receiving and Withdrawals) Policy
    Notice Date: 8 February 2007
    Effective Date: 8 March 2007
    Beginning 8 March 2007, the PayPal (Europe) Ltd. Payments (Sending, Receiving and Withdrawals) policy will be amended to reflect that the verification process for UK account holders will now only involve a user to set up their bank account via direct debit, complete the ‘random deposit’ process and if you are a Premier or Business account holder, provide supplemental business information. UK verified users will still require to complete the ‘Expanded Use Process’ to lift their withdrawal limit

    http://forums.ebay.co.uk/thread.jspa?threadID=1100073468&tstart=0&mod=1173134393737
  • tattoo_3
    tattoo_3 Posts: 46 Forumite
    thanks for that pennylane, think i got it sussed now :)
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