Received this email today:
"We are sending you this notice because you have received more than 650.00 GBP in total payments to your PayPal account.
PayPal is required by law to comply with European Union Anti-Money Laundering regulations to collect information from customers when they receive more than the set limit in total payments. Please log into your account, go to the Account Overview page, and follow the instructions there about how to provide the required information. These steps need to be completed as soon as possible to comply with this regulation."
That's a little over £650.00 in seven years - huge amount isn't it!:) Same address, save telephone number, same bank account - and yet they need verification that these details are legit! :) Anyway, I went through the procedure (direct on the site since I was unsure about the email), and found my account held in suspended animation until I confirmed my details and received an automated phone call.
Pleased to say that all is well between Paypal and myself now.
Has anyone else had to do this?