Jonno_johnson

Ive been using paypal now for over a year and any respect i had for them has gone this week, i had over £1500 in my account last Friday, i set it in action to send to my bank account, the very next day i log in and see they have limted my account and have not sent my money out, they say i have more money that normal going into my account normally i make about £900 a week this week i made £1500, they have asked me to fax in a bank statement to prove my identiy which i have done, along with a few recipts, and still today, i have logged in and it is still limited, despite several phone calls, and asking to speak to a manager which i have never recived a call back.
Has anyone else been in this situation before ?

xxQuartzxx

i have been in the same boat as you m8 on many occasions .... think it took them 3 to 5 days to put my account back to normal, when did you fax all the docs ?

ScuuBdoo

you should be happy they are taking the security of your account seriously.

DCI Gene Hunt

How on earth do you make 900 a week on fleabay?

Pro Boy

Easy open an ebay shop and sell mate

speye91

900 Squid a week,yea right pull the other one,numpty.

Jonno_johnson

I am happy about that if that was purepley the case they are going on about anti money laundering e.u laws, i have provided them with a expand number aswell, i faxed my documents in on Saturday and again Yesterday as they claim they only got one of the 4 documents i faxed in on Saturday, as for how do i make so much money its not all from ebay, i also run a shop website. £900 isnt all profit either, i wish it was lol, just a bit angery at the moment as i need that money out in order to buy supplies etc, hope it gets sorted within a few days as i have found a website PayPal - Horror Stories, Lawsuits, PayPal Problems & Information - PayPal Account which has me worried some people accounts have been limited for months.

lightning101

I had to do all that the first time I hit £4500 due to the money laundering law.

I got a 4 digit code from them in the post, I had to declare amounts in my bank account again, and re-verify my address.

I turn over a lot more than £900 a week on ebay

ScuuBdoo

Im in the wrong job...what the hell do you sell? LOL LOL

sarasquares

iTrader: (1)

bum

lightning101

Computer components, CDR, DVDR, Hardware, Software, PC packages. Some PC's sell for in excess of £1200 on their own

Remember that's TURNOVER not PROFIT

Mitchy260

What about the fees you incur?

You have listing fees/selling fees and then paypal fees.

Its alright for the odd 1 or 2 things but i guess your a powerseller selling hundreds and thousands of items!

I hate selling things on ebay due to all the fees incurred

lightning101

You add on the same percentage that paypal take away and offer incentives to pay by cheque or direct from our website

Fantom

Do people not realise that businesses use ebay? Of course people turnover a lot of money per week!

RRH

We prefer PayPal and have the margin built in to the price to take it- I couldn't be doing with messing about with cheques etc to be honest.

We average about £5k a month through a paypal premier account and, touch wood, have never had any probs in the 12 months or so that we've been selling on ebay.

Whilst the costs may seem high, it actually costs less than the retail side of our business, where the overheads are much higher (staff / elec / gas / rates / staffing / etc).