Paypal - limits !

ANyone else been the victim of their own success and got the "Youre approaching your receiving limit " email , "we need to find out a little bit more about you ..." ?

havent downloaded the dread form yet but im guessing its gonna be asking about earnings and tax and the like, and do you want to become a shop seller or powerseller or whatever on the ebay....

cripes - the amount the they make out of every transaction is criminal - well it ought to be , they must be billionaires who set it up, damn clever little website tho...whereas Paypal ...cant say ive got the same admiration....

[pookie]

yep been ignoring mine for the last 6mths..some blurb about some limit and euro money laundering rubbish. Funnily it doesnt actually say how much is left just that i've had more than xxx payments in the last 6 months. Strange that i have a bank account to recieve payments out of paypal but they need to know details again. They keep threatening about that it will suspend the account once I reach limit.

TBH I dont see why they need to verify my bank account details other than have the ability to withdraw money fron the bank account.

[Skip]

Had one of those a while back but ignored it - couldnt really see why as I dont sell that much stuff and if they checked I am only selling stuff I probably bought in the past anyway!

Nothing to worry about, it's more about money laundering.