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Microstock Photography Forum - General => Microstock Services => Paypal => Topic started by: heydavid on January 05, 2017, 08:21
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question this cuz I happened to find out from google that many people say that Paypal will hold your income when the amount of money "big", like $2k or someone said even $1k can be bend...anyone show your own experience? cuz I haven't get that income yet. Thanks indeed.
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cuz? you mean because ;D
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cuz? you mean because ;D
aha, forgive me for that :P
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I guess it varies depending on your account level. I'm on a business account and the largest single payment I had was $15K, and there were no problems. I'd be surprised if there were any problems with getting $2K.
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No I have never experienced anything like that. Why should they? perhaps if its a huge amount you might have to prove where its coming from? the (laundry money policy) or something but not for just 2K.
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I think there is a $20K or $25K maximum on single transactions.
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There may be money laundering regulations in force where you are the place to check it out is Paypal really people here can only give their opinion
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I think when you start out on paypal there is a $1,000 limit, and there is a procudure you can use to have the limit lifted, but I did it a long time ago so i forget.
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Yes I think there are different levels of verification. As long as you aren't doing anything shifty like hiding your identity or avoiding tax you just need to follow their procedures and you'll be fine.