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PayPal’s limits on receiving money depend on whether your account is verified or unverified. Unverified accounts have lower limits, while verified accounts have higher limits, but may also be subject to per-transaction or daily limits. Additionally, PayPal may impose limitations on accounts for various reasons, such as suspicious activity, non-compliance with policies, or regulatory requirements.
Here’s a breakdown:
General Limits:
Unverified Accounts:
Generally have a single transaction limit of $4,000, with a total sending and receiving limit that may be lower.
Verified Accounts:
Have higher limits, often up to $60,000 per transaction, though PayPal may still impose limits on individual transactions, and there might be daily limits.
Specific Limits:
Point of Sale Transactions:
PayPal offers various transaction limits for point-of-sale (POS) transactions, with maximums and minimums depending on the payment method (e.g., chip and tap, manual card entry, QR code).
Instant Transfers to Bank:
For verified accounts, instant transfers to a bank account can have a limit of $25,000.
Debit Card Transfers:
Debit card transfers have a limit of $5,000 per transaction and per day, with a monthly limit of $15,000.
Adding Money at Stores:
There may be limits on the amount of money you can add at stores, with daily and monthly caps.
PayPal Debit Card:
If you have a PayPal Debit Card, it has daily spending limits, ATM withdrawal limits, and over-the-counter withdrawal limits.
Account Limitations:
PayPal can impose limitations on your account for various reasons, including suspicious activity, non-compliance with policies, or regulatory requirements.
Account limitations can restrict your ability to send, receive, or withdraw money.
If your account is limited, PayPal will typically provide information about the reason for the limitation and how to resolve it.
How to Check Your Limits:
Log in to your PayPal account.
Navigate to your account settings or dashboard.
Look for a section related to “limits” or “account restrictions”.
You can view the specific limits for your account, including receiving limits.
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