Paypal Limit, what if i do not Resolve Limit?
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Hey, this is an extremely boring question but i really need help with this and if anyone cant help me out then awesome! :) Ok so, ive been selling stuff on ebay and reached my limit of money i can earn on paypal, i got the limit and so all my money on my paypal account has been blocked and i must resolve the problem by showing proof of my identity! Problem is, i dont want to do this for personal reason so my question is: WHAT IF I DO NOT RESOLVE THE PROBLEM AND DONT SHOW ANY ID? WHAT WILL HAPPEN TO MY PAYPAL ACCOUNT? WILL IT BE BLOCKED AND WILL I LOSE THE MONEY ON MY ACCOUNT? OR WILL THE ACCOUNT BE TERMINATED? Also, this paypal account is linked to my bank account so if this paypal account gets blocked (or whatever will happen to it) can i make a new paypal account and link it to my bank account too?? (i heard you cant link more then 1 paypal account to your bank) Please someone let me know? Cheers!
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Answer:
You cannot open a second Paypal account if the first one is restricted in any way. Even if it wasn't, Paypal tracks all bank account and credit card numbers and will not allow them to be reused on a second account. The usual reasons for refusing to divulge your identity are if you are underage or not reporting any income on your taxes. Neither is a valid reason for being on eBay/Paypal in the first place. At the very least, your account will be blocked for 180 days. At that point, Paypal *might* issue a check to close their books.
spartanu... at Yahoo! Answers Visit the source
Other answers
Your personal reasons don't matter. When you reach a certain level of activity they have to positively identify you to satisfy goverment regulations.
G. Whilikers
the fact that you're a prolific seller but paypal/ebay don't have your real identity is a little scary to me . Perhaps paypal your balance into your bank account & start again
Dr Fluffy
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