Sunday, August 9, 2009

How much money can I store in my Paypal account ?

My account is un-verified and I don't live in the US. Please tell me exactly how much I can store in such a Paypal account. Please do not answer if you aren't sure.
How much money can I store in my Paypal account ?
There is no limit. Your friend lied. There are people with million dollar paypal balances. You can store however much you want. I personally know of people which have upwards of 25k to 60k in their balances because they are collecting the 5% money market interest.
Reply:i would not store but a little just to pay for auctions and things,they can be some rotton sods and lock your accounts if they suspect anything they do not like,,i empty mine when i sell things might leave 50 bucks
Reply:Leave as little as possible in your PayPal account. It is not the same as a brick and mortar bank, and your money is not as safe there.





Chargebacks can wipe you out .. and you have to prove they got the item.





Open an account at a brick and mortar bank. You will be happier in the long run.

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