Is it necessary to be a verified member of paypal to order check from paypal?

India
June 12, 2007 8:43pm CST
Is it necesary to verify my paypal account using a credit card to be eligible for receive check from paypal?I Also wanted to know that a friend of mine said to me that the minimum balance in my paypal account should be 150$+5$(Processing fees)to ask for withdraw,is this true?
2 people like this
5 responses
@Willowlady (10666)
• United States
13 Jun 07
If you wish to know the real deal then go to PayPal and read their information. You can even email them and they should respond. I have had good fortune with PayPal and do not ever wish to use another service. Good luck finding out that which you seek.
@aprilgrl (4460)
• United States
13 Jun 07
I don't think you have to verify to get the checks but I know youhave to verify for the bank accounts and credit cards. I have bank account thrugh paypal .
• India
13 Jun 07
do not know about this properly , i will just verify this information with my friends who are in paypal since many years and get back to you , its not 150 $ i think , because they have a cheque charges for every payment cheque you withdraw from them , anyway i will confirm you again
@slickcut (8141)
• United States
13 Jun 07
Im not sure.i have a paypal account but i think you just have to put in your paypal account information ,not a credit card.If that be the case anyone without a credit card could not open an account.As far as your account you can set your account at any balance starting at 25.00,you do not need to get $150 in your account in order to draw a check,but they do charge a prcessing fee when you draw a check out.Now i could be wrong but that is the way i have understood it...I set my balance at $50.00 before i will draw a check.Maybe someone else knows more,let us read what others say.
• United States
13 Jun 07
I have been a member of paypal for at least 4 years now and as far as I know you have to be verified but I got verified through my bank account. I never had to give a credit card. Later on I did add a credit card to the account as a backup source. And as far as the processing fee I have never had one because they just deposite right to my bank account. Do you live in the US?