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Paypal EU limits

£0.00 @ Paypal
Anybody got a similar e-mail before? 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 w…
thfc andyp3 Avatar
9y, 3w agoPosted 9 years, 3 weeks ago
Anybody got a similar e-mail before?

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.

If you have any trouble completing these steps, please contact Customer Service at 08707 307 191

We appreciate your business and apologise for any inconvenience.


I'm confused because i don't even run a business
Other Links From Paypal:
thfc andyp3 Avatar
9y, 3w agoPosted 9 years, 3 weeks ago
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(21) Jump to unreadPost a comment
Comments/page:
#1
its not that you maybe runing a business its a security measure to make sure that you are not laundering money even privately. If the email has a link to paypal to signin on then its a spoof and just delete it. If not then just comply.
#2
yep . paypal do send these, they sent me one after 4000 had passed through my account and i had to then move it to a business account.
#3
if you have the same email in your ebay messages then its genuine my other half just had to do this because he is an ebay addict :S and was spending large ammounts regularly, if the message isnt in your ebay inbox then bin it
#4
kungfu
yep . paypal do send these, they sent me one after 4000 had passed through my account and i had to then move it to a business account.



Does that cost, what are the pro's + con's of it
#5
Be careful-go to [url]www.paypal.com[/url] and you will be directed what to do. If you have a personal account you dont pay fees to recive money-for a business or premier you do-I think around 4%-but its probably a phishing scam.
Linda
#6
Doubt it is a phishing scam

I went on my profile through firefox not through a link and it told me the same thing
#7
Get the exact same message every time I try to sign in....
#8
jackthelad
Get the exact same message every time I try to sign in....


If you just ignore it will nothing happen
#9
what do they want you to do? upgrade? cos if they want you to upgrade they will wait til you receive money and not let you collect it til you accept the upgrade..
#10
It's just to confirm all your account details, I had one a couple of weeks ago
#11
louloo
what do they want you to do? upgrade? cos if they want you to upgrade they will wait til you receive money and not let you collect it til you accept the upgrade..


Nah, i just want to leave it the way it is no need to upgrade
#12
thfc andyp3
Does that cost, what are the pro's + con's of it


no idea, they froze the account til i upgraded so no choice
#13
louloo;1659557
If you have a personal account you dont pay fees to recive money
Errm you do pay fee's to receive money with a personal account!

My humble apologies I thought my account was a personal one but it seems to be a premier one :x now im annoyed at the fee's ive needlessly paid if im reading this right!
banned#14
harlzter
Errm you do pay fee's to receive money with a personal account!:roll:


since when, i thought it was only the upgraded account you paid fees on, although you can only accept payment to a personal account from someone with funds ie-not credit card payments or payments that are pulled from banks:?
banned#15
Its free to get money from an account which pays you via there balance, but if the buyer uses their debit/credit card even if you have a personal account you get charged.
#16
sassie;1660380
since when, i thought it was only the upgraded account you paid fees on, although you can only accept payment to a personal account from someone with funds ie-not credit card payments or payments that are pulled from banks:?

Now i'm bloody miffed ive just checked my account type and its premier! Which means ive paid a fair substantial amount in fees over the last few months! I appologise I thought my account was a personal one!

Would there be any disadvantage now in changing this to a personal account and is there an easy way to do so or would I have to close my paypal acount (or simply leave it dormant) and open another one?
#17
Ive had this aswell... because i was nearing the $3000 limit or something :o
#18
im sure your right sassie-you have to upgrade if it is to receive uncleared funds and can only down-grade again once too
#19
you get paid to receieve money on paypal, no matter what account you have.

as for the op, you just need to confirm your details, it is due to european money laundering laws, if you pay a cheque for 10K into your bank account, or have vasts amount of money going into your bank account you can be investigated for money laundering.

best to just do what the email says, and confirm your details
#20
Just had the same email too last week & just got it sorted out.
#21
£4000? You lot must have an awful lot of unwanted cd's? ;-)

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