We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
paypal notice
sjh101
Posts: 173 Forumite
I didn't really know where to put this........
...........anyway, basically when I logged into my paypal account yesterday, there was a notice saying that in the past year I have had £1690 or more paid into my paypal account, and that I have very nearly reached the annual limit of £1900. Its basically because paypal have an agreement with European something or other.....I cant exactly remember the name. Its basically to prevent money laundering. At the end it asks me to provide a few details as my account will be temporarily limited until I provide them......I've not seen what details they want from me yet as I haven't gone that far.
Anyway, I have never had this notice before so I wanted to see if it was legitimate before I did anything.
I have sold a lot of stuff but I didn't think it was near £2000. I don't sell things as a business either. I just sell things every so often. Some quite high value. Some not so high value.
I've sent an email to paypal regarding this but the response said I need to ring a certain number, which I might end up having to do.
Has anyone else had this notice on there paypal account before?
...........anyway, basically when I logged into my paypal account yesterday, there was a notice saying that in the past year I have had £1690 or more paid into my paypal account, and that I have very nearly reached the annual limit of £1900. Its basically because paypal have an agreement with European something or other.....I cant exactly remember the name. Its basically to prevent money laundering. At the end it asks me to provide a few details as my account will be temporarily limited until I provide them......I've not seen what details they want from me yet as I haven't gone that far.
Anyway, I have never had this notice before so I wanted to see if it was legitimate before I did anything.
I have sold a lot of stuff but I didn't think it was near £2000. I don't sell things as a business either. I just sell things every so often. Some quite high value. Some not so high value.
I've sent an email to paypal regarding this but the response said I need to ring a certain number, which I might end up having to do.
Has anyone else had this notice on there paypal account before?
0
Comments
-
Yes it is legit.
They basically do a few things to check you are who you say you are and the bank verification can take up to a week, so don't leave it too long to start the process.I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.0 -
Are you a verified member of paypal.
If not am surprised they let you sell stuff to that amount.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.9K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards