Can i receive money in paypal if it is not verified?
November 23, 2011 9:40pm CST
I have a paypal account by using which i once paid to a company. But it is not verifed. It shows the money receiving limit of 1900$ per year and same limit for sending money. I am not sure that if i can receive money in that accout. So, can anyone tell me that if i can receive money in that account or not. And will i be charged for the verification. How much time it will take for the verification?
25 Nov 11
It is advisable to get your Paypal account verified as soon as possible. However, being un-verified should not prevent it from receiving money. Unless Paypal has a different rule in Bangladesh. I am not aware of any verification charge. You can verify your account using your bank account or credit/debit card. You can use virtual credit card for verification.
26 Nov 11
I'm sure they'll open it soon. I started using Paypal from the UK too, well, the account I made in UK in my husband's name. Then we moved to India, India did not allow Paypal at that time. When they started, I could only use it for receiving and paying online. I could not withdraw to bank account.
24 Nov 11
Yes you can recieve money on that account with the said limitation. There is a charge for verfication and that would be around 1.5 USD. It normally takes up to 5 business days for the verifiecation. If you have a debit card, much better, Just make sure that the last name and first name on your paypal account match with the one on your bank account.