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.

So, business accounts have no cap. That's good.

The quote, that's good news too, right ? That has always worried me a bit.

Wtfi have bought and sold many thingsover 1000 usd with paypal how is that going to work.:helpme


And im not getting a biz account for selling shit on ebay

It sucks but hardly anybody uses the alternatives or else I would use them.

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.

$1000 limit WTF :mad:

Maybe some of the bigger players on eBay will change that:)

yikes

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.

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?

maybe they are trying to help Yahoo's new program get started

:1orglaugh

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.

is it against their rules to set up two different account but having them connected to the same account?

Cause you left ya traitor :winkwink:

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.

Thx for the info. :thumbsup

e-gold

V

wow

yeah, that $1000 cap really sucks ass. The only person this change won't affect is Oracle Porn

How fucking gay! $1,000 limit. :mad:

Good point! :thumbsup

that sucks

Those are pretty stiff laws. :helpme

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

See? the service cant be too good. they have to make sure your suffering just enough and have to struggle. Fun isnt it?

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.

that sucks.

Yuck.. That is most limiting.

Beaverpay is better.

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

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???

sucks

If everything is in America, why even tell them you are in the UK?

I think it means they will no longer do that.

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. :2 cents:



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

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.

mmm paypal dollars

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

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.