PayPal has a withdrawal limit of $0.00

@richiem (3644)
Philippines
June 20, 2009 1:51am CST
Before, I thought that if I will be able to link my bank to PayPal I will be able to withdraw. But I just found out that they have a withdrawal limit of $0.00 for unverified members. Yes, that means I cannot withdraw a thing. First, I need to get verified. But no worries, once I get my debit card, I will link it to Paypal to get verified. How about you? Are you all verified paypal members already?
15 people like this
51 responses
@rajeshfgh (1629)
• India
20 Jun 09
You don't need a credit card or debit card to verify your account and to withdraw funds. You need to get your bank account verified by giving your account number and bank's IFSC code and you can easily withdraw money. The advantage of linking your credit card or debit card to your paypal account is that you can lift off the $500 per month withdrawal limit which is set for unlinked accounts.
@anangf (1146)
• Indonesia
20 Jun 09
Hi, Thanks for the information about paypal. I will check on it, whether they have the same policy to my country.
2 people like this
@richiem (3644)
• Philippines
23 Jun 09
Hey, do they have different limits in different countries? right now I have $500.00 sending limit and $0.00 withdrawal limit. And I think the only way to lift these limits is to link and confirm my debit or credit card. By the way, I am from the Philippines.
@anujain75 (1059)
• India
20 Jun 09
It depends on country I am unverified member of paypal. i can withdraw upto $500 to my bank account. But maximum you can withdraw $3000. then you have to verify.
4 people like this
@Asylum (47893)
• Manchester, England
20 Jun 09
This rstriction must be due to your location, which I notice is the Phillipines. I am still an unverified member, but to date I have withdrawn several hundred dollars via transfer to me bank account. I live in the United Kingdom, so I assume that the same conditions must apply to all members here but vary from country to country.
3 people like this
@marilyn23 (295)
• Philippines
20 Jun 09
I already verified my account at paypal and i made a withdrawal of my money. marilyn23
2 people like this
@richiem (3644)
• Philippines
23 Jun 09
how did you do it? Did you used a credit card?
• Philippines
23 Jun 09
In verifying my paypal account i just link my credit card but i withdrewn my money adding also my bank account. marilyn23
@kun2349 (23381)
• Singapore
20 Jun 09
I did not verify my paypal account and yet i'm able to withdraw money just form linking my bank account to it though.. haha =D I wonder if it's due to different countries with different regulations?? Because i dun seem to have any problems with it.. IN the past, paypal gave me an option of either linking to bank account or verfiy thru credit card, and i chose bank account.. So far, everything has been smooth for me.. The only difference is that i have withdrawal limit in a year as compared to verifying with credit cards ^_^
3 people like this
@John4Christ (1597)
• India
20 Jun 09
Hi, well this might sound like a breather for you...... well i transferred some funds from my paypal account to my bank account few days back and it got credited to my bank account not in 5-7 days but within 24Hrs.......yes that right within 24hrs. and my paypal account is NOT verified.....the unverified members of paypal have a withdrawal limit of $500 as many members here have mentioned......which country are you from? well i really don't think that the withdrawal limit is different for different countries.......you just need to link your account number and some details which you could easily get from your bank and you are done......if you want to lift those limit($500) only then you need to verify it......otherwise it is fine.....
2 people like this
@richiem (3644)
• Philippines
23 Jun 09
I'm from the Philippines. I've already linked my bank account. I've provided the account number and other details but PayPal won't let me withdraw because of the limit. Still, no withdrawal.
• Philippines
4 Sep 10
Same here, pal. I even converted my balance from Php to USD, but still to no avail. Guess we really need to link a card then... =( But how come PayPal isn't accepting my BDO ATM Debit card?? I'm out of options here. HELP!
@cheenlly (3477)
• Philippines
21 Jun 09
Hi richiem, yes you can link your bank to paypal provided that you already verified your paypal. In other words, you have to get verified your paypal first before linking your bank. Once you get verified your paypal account the withdrawal limit will be lifted and you can now withdraw your fund directly to your bank. I was once confused about this before when i first knew about paypal but after reading helpful tips and procedures from other people experiences i have learned and was able to verify my account without experiencing any problem.
@arkaf61 (10881)
• Canada
21 Jun 09
Yes, once we're verified then it's easy to withdraw. It can be handy when we need a bit extra money and we have some on paypal, but it can take up to 5 days to get it in the bank, although not always. I have never noticed that, and would think that anyone could withdraw, so I just learned something new today :)
@SHAMRACK (8576)
• India
20 Jun 09
Dear friend, I was a verified member earlier but recently I was unable to withdraw any as I have to show my address proff, photo and bank statement, all these were uploaded and and finally I was able to withdraw the amount. I hope they are much concerned upon the security aspects. May be safeguard any fraud or manupulation of the accounts.
@lifeplayer (1007)
• Malaysia
20 Jun 09
Yes, i have verified account, else i cant withdraw single penny from my paypal account. Just get a debit card or credit card and verify it
2 people like this
@richiem (3644)
• Philippines
23 Jun 09
I guess we are in the same boat.
@SangsTurks (1444)
• India
20 Jun 09
What are you talking about!!?? I am an unverified member of paypal and i got paid into my bank account from paypal on the 10th of this month!
• United States
20 Jun 09
So, I can receive payments from all of my online work even with an unverified paypal account? This is good to know, as paypal does not answer my e-mails. They do need address verification for paypal to send checks, though, right?
2 people like this
@Opal26 (17679)
• United States
20 Jun 09
Hey richiem! I am a verified member of PayPal! I became a verified member when I joined mylot! That was the only way I was able to get paid from this site so it was as good a time as any to join. I haven't had any problem with PayPal getting my payments or transferring them into my bank account. I'm sure you will be happy using PayPal too.
2 people like this
@hanah87 (1835)
• Malaysia
20 Jun 09
I also have a same problem with paypal too.I have linked my credit card at my paypal's account.But i need to verify my account by enter the code that paypal send to my statement card.The problem coming when i still dont get my statement card.I know paypal send the code for make sure that the card we link to that account is our card and not by steal it.The company who issue my credit card has a problem with their credit card product.Before this,after i link the card a t paypal i can buy something in online but now i cannot do that anymore.I dont know why?Now,i regret because i don't make a research about it before buy the credit card from them.I hope your account will verify soon and will not be like me.Good luck and have a nice day.
2 people like this
• India
21 Jun 09
I am not a Verified Member on the paypal but my account says the monthly with draw amount is 500$ then why it's says you 0$ and what's about your country and my country is India. I think your country need the Verify account to Get your withdraw anyway.
2 people like this
@kalav56 (11464)
• India
20 Jun 09
Why- is this a new development? I am an unverified member and I have been withdrawing amounts so far.But recently, I have not done any.
2 people like this
@bumba1988 (1220)
• India
20 Jun 09
Hi richiem,As far as I know there is no withdrawal limit in Paypal like 0 dollars as you are saying.Most probably it is 500 dollars as far as I know.I personally have not withdrawn anything from them yet but that is what a lot of people told me.You can re check it friend.
2 people like this
@suzzy3 (8342)
20 Jun 09
Yes I am a verified paypal member and they are very good,if ever I request money for my bank account they send it through normally takes a couple of days ,but it is always done properly.
2 people like this
• Jamaica
20 Jun 09
Hey Richie where have you been haven't seen you around the lot for sometime now lol. No I am not a verified member but I still used it to purchase things over the internet.
2 people like this
@saki13 (95)
• Philippines
20 Jun 09
if you are a us resident, you don't need to apply for a credit card just to verify your paypal account.
2 people like this
@baz5687 (131)
• United States
20 Jun 09
They withdrawal limit is $500 and I think they just send you a averification code or something to verify.
2 people like this