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Old 02-06-2004, 09:11 PM   #1
KRL
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List of the latest signifcant PayPal changes effective Feb 13

Personal Account Receiving Limits

Notice Date: January 8, 2004
Effective Date: February 13, 2004

Starting on February 13, 2004, PayPal will begin capping the amount Personal account holders in the U.S., U.K., and Canada are able to receive per month. The cap will be the equivalent of $1,000 USD, based on the Primary Currency of the account. In addition, users will no longer be allowed to split payments between Personal and Premier/Business accounts. Only ecommerce payments received from eBay, auction, or website sales will count towards the receiving limit.



U.S. Bank Accounts for EU Users

Notice Date: January 8, 2004
Effective Date: February 13, 2004

Effective February 13, 2004, users in Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden, and UK will no longer be able to use their U.S. bank accounts to make payments or fund their PayPal account. These users may continue to withdraw funds from their PayPal accounts to their U.S. bank accounts.


Withdrawal Limit Update

Notice Date: January 8, 2004
Effective Date: February 13, 2004

Effective February 13, 2004, the Withdrawal Limit for users in Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Spain, Sweden, and UK will change. Currently, prior to completion of the Expanded Use Program, users in these countries are subject to a monthly withdrawal limit. Effective February 13, 2004, users in these countries will be subject to two types of limits: a monthly limit, and a cumulative withdrawal limit, which is the total amount of money that a user may withdraw during the period from registration until completion of the Expanded Use Program, regardless of the number of months in that period. Completion of the Expanded Use Program will lift all Withdrawal Limits (but PayPal continues to reserve the right to review large withdrawals before releasing the funds). Users in these countries can continue to check their limits by logging in to their account and clicking on "View Limits"


User Agreement Update

Notice Date: January 8, 2004
Effective Date: January 8, 2004

Updated main User Agreement and Payments Policy to remove provision which permitted debiting of bank accounts to recover money owed to PayPal.
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Old 02-06-2004, 09:16 PM   #2
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Quote:
Originally posted by KRL
Notice Date: January 8, 2004
Effective Date: January 8, 2004

Updated main User Agreement and Payments Policy to remove provision which permitted debiting of bank accounts to recover money owed to PayPal.
So, business accounts have no cap. That's good.

The quote, that's good news too, right ? That has always worried me a bit.
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Old 02-06-2004, 09:16 PM   #3
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Wtfi have bought and sold many thingsover 1000 usd with paypal how is that going to work.


And im not getting a biz account for selling shit on ebay
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Old 02-06-2004, 09:24 PM   #4
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It sucks but hardly anybody uses the alternatives or else I would use them.
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Old 02-06-2004, 09:26 PM   #5
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I think the cap makes sense. Basically, if you're making over $1000 a month, you're using it for business use, so they want to make more cash off of you.
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Old 02-06-2004, 09:28 PM   #6
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$1000 limit WTF
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Old 02-06-2004, 09:35 PM   #7
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Quote:
Originally posted by spunky1
It sucks but hardly anybody uses the alternatives or else I would use them.
Maybe some of the bigger players on eBay will change that
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Old 02-06-2004, 09:44 PM   #8
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yikes
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Old 02-06-2004, 09:47 PM   #9
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I have a buisness account am I affected?
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Old 02-06-2004, 09:50 PM   #10
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Quote:
Originally posted by Dirty_DS
I have a buisness account am I affected?
Might affect you indirectly if you send or receive payments to people who have a personal paypal account subject to these new policy changes.
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Old 02-06-2004, 10:00 PM   #11
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you know what fucks me off...I am an american, my bank is in America and the card I get from it is based in America. I just happen to live in the UK - why can't I use my card?
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Old 02-06-2004, 10:02 PM   #12
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maybe they are trying to help Yahoo's new program get started

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Old 02-06-2004, 10:03 PM   #13
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Well that rather sucks for folks with lots of smaller amounts coming in from multiple sponsors.
Having a business account is easy though, I've had one for years.
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Old 02-06-2004, 10:12 PM   #14
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is it against their rules to set up two different account but having them connected to the same account?
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Old 02-06-2004, 10:14 PM   #15
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Quote:
Originally posted by sarah_webinc
you know what fucks me off...I am an american, my bank is in America and the card I get from it is based in America. I just happen to live in the UK - why can't I use my card?
Cause you left ya traitor
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Old 02-06-2004, 10:31 PM   #16
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Cause you left ya traitor
lol, i do my duty and still pay taxes despite the fact that there is a very slim chance that I will ever benifit from paying into the social security and the like that I forced to pay.
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Old 02-06-2004, 10:33 PM   #17
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Thx for the info.
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Old 02-06-2004, 10:39 PM   #18
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e-gold

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Old 02-06-2004, 10:41 PM   #19
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Old 02-06-2004, 10:42 PM   #20
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yeah, that $1000 cap really sucks ass. The only person this change won't affect is Oracle Porn
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Old 02-06-2004, 10:44 PM   #21
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How fucking gay! $1,000 limit.
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Old 02-06-2004, 10:55 PM   #22
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I think the cap makes sense. Basically, if you're making over $1000 a month, you're using it for business use, so they want to make more cash off of you.
Good point!
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Old 02-06-2004, 10:59 PM   #23
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that sucks
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Old 02-06-2004, 11:06 PM   #24
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Those are pretty stiff laws.
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Old 02-06-2004, 11:06 PM   #25
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this is a perfect exaple of stupid punk ass mother fucking cu nts grinning like little bitches and attepting to take away a bit of thousands of peoples independence because they are doing too good/experienceing things too smoothly..


WELCOME TO AMERICA MOTHER FUCKERS, HERES YOUR LUBE, NOW BEND OVER (BUT GUESS WHAT? WERE GOING TO TRY AS HARD AS WE CAN TO MAKE SURE YOU DONT KNOW WHOS FUCKING YOU IN THE ASS)!!!!!! *words from a typical C U N T
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Old 02-06-2004, 11:08 PM   #26
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See? the service cant be too good. they have to make sure your suffering just enough and have to struggle. Fun isnt it?
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Old 02-06-2004, 11:10 PM   #27
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And I bet some little gogo bitch at western union was like, " omg, like um,.. omg! " when ppl started using paypal to send money.. hahahah,... what a bunch of fucked up laws.
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Old 02-06-2004, 11:12 PM   #28
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that sucks.
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Old 02-06-2004, 11:13 PM   #29
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Yuck.. That is most limiting.
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Old 02-06-2004, 11:14 PM   #30
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Beaverpay is better.
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Old 02-06-2004, 11:23 PM   #31
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oh stop being cheap bitches and drop the personal account.

If you dealing with over $1000 a month you can afford the small fees

cheap bastards
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Old 02-06-2004, 11:37 PM   #32
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getting a biz account isn't that hard common' ppl. 2.9% + 0.30 per transaction... if you make more than 1K what is the problem???

btw does that last change mean they can withdraw money from your bank account without notice???
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Old 02-07-2004, 12:19 AM   #33
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Old 02-07-2004, 12:23 AM   #34
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Originally posted by sarah_webinc
you know what fucks me off...I am an american, my bank is in America and the card I get from it is based in America. I just happen to live in the UK - why can't I use my card?
If everything is in America, why even tell them you are in the UK?
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Old 02-07-2004, 12:54 AM   #35
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Quote:
Originally posted by pradaboy


btw does that last change mean they can withdraw money from your bank account without notice???
I think it means they will no longer do that.
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Old 02-07-2004, 12:59 AM   #36
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Quote:
Originally posted by spunky1
It sucks but hardly anybody uses the alternatives or else I would use them.

Just remember - paypal BOUGHT their way to #1.

(Wasn't it $10 to join and $10 for a referral when they first started?)

It could be done again easily if you had the money.



Especially since Ebay owns it now and has to protect their asses and their reputation through regulations.

Last edited by goBigtime; 02-07-2004 at 01:02 AM..
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Old 02-07-2004, 01:00 AM   #37
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it's amazing how many of you are cheap bastards who are rolling with a personal account.

this change should not be affecting any of you living in the usa.
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Old 02-07-2004, 01:01 AM   #38
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mmm paypal dollars
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Old 02-07-2004, 01:04 AM   #39
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Quote:
Originally posted by psyko514
it's amazing how many of you are cheap bastards who are rolling with a personal account.

this change should not be affecting any of you living in the usa.
im pretty sure i have a business account. I looked in paypal and coudnt find where it would say. I know i get fucking paypal fee's taken out of all the damn time

only thing I lack on the account is a credit card as im bad with money so i stay away from em :P
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Old 02-07-2004, 01:05 AM   #40
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If everything is in America, why even tell them you are in the UK?
Because they can tell where she logs on from.

I think they realised too many people are using personal accounts for business. But I thought they stopped dealing with porn.
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Old 02-07-2004, 01:08 AM   #41
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i don't give a flying fuck about my account.

it's all the accounts i pay out to, that i'm worried about. many of them are personal...
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Old 02-07-2004, 01:09 AM   #42
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Because they can tell where she logs on from.

I think they realised too many people are using personal accounts for business. But I thought they stopped dealing with porn.
from what I heard is that they stopped processing PORN sites .. like cant sell memberships to adult sites or toys via paypal.... but you can still get piad by affilates

i think.
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Old 02-07-2004, 01:10 AM   #43
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Quote:
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i don't give a flying fuck about my account.

it's all the accounts i pay out to, that i'm worried about. many of them are personal...
some reason you stricked me as the type of person that keeps bags of money under there bed or in there closet

the type of person " I dont trust my own mother with my dollar bills " type of guy
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Old 02-07-2004, 01:17 AM   #44
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im pretty sure i have a business account. I looked in paypal and coudnt find where it would say.
when you log in, it's right under the 'overview' tab.
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Old 02-07-2004, 01:21 AM   #45
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when you log in, it's right under the 'overview' tab.
U.S. Premier Account Overview




Name: Chris (*%(#*$)

Email: [email protected] (Add email)

Status: Verified (15)


Balance: $61.90 USD
Currently earning 1.05%*
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Old 02-07-2004, 01:21 AM   #46
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worrying news, seeing as i'm in the UK
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Old 02-07-2004, 01:25 AM   #47
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I never had a personal account from day one because you can't accept CCs. That takes a huge chunk out of your potential buyer's list.
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Old 02-07-2004, 05:13 AM   #48
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Old 02-07-2004, 05:13 AM   #49
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If everything is in America, why even tell them you are in the UK?
because of what charly said and because when I signed up years ago there was no reason to say otherwise.

I have always had a biz account so I am not worried there, more the EU regulations.

I am thinking of setting up a seperate account with all US information. I read all their terms and didn't see where I couldn't have two linked to the same account. My bank account has two billing addresses - the uk and my parent's home in the US so if they check up it is still valid information.
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Old 02-07-2004, 05:19 AM   #50
Nicki C
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Join Date: Feb 2004
Location: Clearwater, Florida
Posts: 78
well just wait till next month when ebay ups there listing fees 4.5 %
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