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paypal question please about limits

Discussion in 'General chit chat' started by whitevanman574, Mar 15, 2014.

  1. whitevanman574

    whitevanman574 bell target champion

    Messages:
    3,328
    Likes Received:
    283
    Location:
    astley , manchester
    paypal said im near my limit and was going on about eu regs and money laundering when you go to lift limits it gives you three choices ,now this is just a bit of fun for me buying stuff of ebay and selling and swapping guns so what do I put ,here the choices they give ......


    [h=2]Confirm account information[/h]

    EU regulations require us to confirm your account information.
    Your account is on file as a legal entity (such as a company, partnership, not-for-profit organisation or government entity), yet you've selected a different account type. Please only click Continue if you want to change to be classed as an individual. Or select a different account type. You won’t be able to change it again at a later date.
    Your account is on file as a legal entity (such as a company, partnership, not-for-profit organisation or government entity), yet you've selected a different account type. Please only click Continue if you want to change to a sole trader. Or select a different account type. You won’t be able to change it again at a later date.
    What is your ownership type?What is your ownership type?An individual refers to any physical person acting outside their business, trade or professionA sole trader What's this?A sole trader is a business owned and run by one individual where there is no legal distinction between the owner and the business. A sole trader may also use a business name other than his or her legal name.Any other type of business, not-for-profit organisation or government entity What's this?
     
  2. Soximus

    Soximus Busy Member

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    Location:
    Behind you! Mwhahahahah Just kidding. Christchurch
    I'd say the first one if your paypal account is not used for business.....
     
  3. jolo-bolo

    jolo-bolo Donator

    Messages:
    4,050
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    Location:
    Billericay
    I just linked my bank account with my paypal account I never have problems and did it as an individual.
     
  4. whitevanman574

    whitevanman574 bell target champion

    Messages:
    3,328
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    Location:
    astley , manchester
    its not a business I do not make any money ,just solely for fun of swapping stuff
     
  5. SW-Novice

    SW-Novice Engaging Member

    Messages:
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    Location:
    Caerphilly South Wales
    I set mine up as an individual, I have probably put thousands through it in last few years but all personal purchases.
    Most of us on here never make huge profits on transactions we do through paypal, we sell our excess and buy used items.
     
  6. Count Jedi

    Count Jedi Donator

    Messages:
    368
    Likes Received:
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    Location:
    Suffolk
    Sorry if I'm teaching you to suck eggs

    If this was an e-mail then it is possibly a scam, log into your paypal account direct on a new web page and or different computer check also if required ring them or mail them direct to be sure your account has not been hacked or been used by another.

    I would think if it is used for what you say then I would find this very hard to believe, plus I had the something a few years ago via e-mail. On this occasion I opened a new web page and checked my account and all was in order but I still checked with their own customer services and it turned out it was a scam e-mail.

    If it is your paypal account that you have logged into without any links then contact paypal just to double check all is above board with the request.

    Cheers
     
  7. Whistler1

    Whistler1 Donator

    Messages:
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    Location:
    GLASGOW
    Same here /\
     
  8. tomsteebs

    tomsteebs Donator

    Messages:
    2,999
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    43
    Location:
    NN18
    I just set my account up as a business premium account and have no issues :)
     
  9. stevemandm

    stevemandm Honorary Member

    Messages:
    8,255
    Likes Received:
    722
    Location:
    in a distant galaxy, far far away ....... actually
    if you need to update your account, then log onto your account and do it from there - never do it from a link - its possibly a scam to get your password. did the email address you by the name on your paypal account ? if not, its definitely a scam as paypal will always address you by your accounts name, and not a generic 'dear sir'.
    if this is the case, then report it to paypal - they have a department for this
     

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