Paypal spending limit

[Ramrod]

After using paypal happily on ebay for a few months I have suddenly been told that I have reached my spending limit. This is what is stated on the paypal page when I try to pay for something now:

The amount of this transaction exceeds your remaining Sending Limit and cannot be processed at this time. You will need to add your bank account and set up Direct Debit to remove this limit. Once your bank account has been added and Direct Debit has been set up, you can continue this payment. Add your bank account information below.


Add UK Bank/Building Society Account





This payment cannot be funded with your credit card. Learn More

If you would still like to complete this payment, you must add and confirm a bank account (a process which will take three to four working days). Add your bank account below.
PayPal protects your bank account information. We protect against unauthorised withdrawals and will notify you by email each time you make a payment or withdraw funds from this bank account.

Your UK bank account must be denominated in Pounds Sterling only. Learn More

Enter your name exactly as it appears on your bank account statement. For example, if your name is James Patrick Smith, and your bank account is in the name of "J. P. Smith", you would need to enter "J. P." as your first name. Learn More




First Name:
******

Last Name:

*******
Country:
United Kingdom
Bank/Building Society Name:

Branch Location:

Account Type:
Current
Savings


Sort Code:
- - (six digits)
Account Number:
(eight digits)
Re-enter Account Number:

(would have posted a screenshot but I'm fick )

Is this a normal request from paypal? Anyone else had it?

[Chris W]

I think this is a feature of having a "personal" (basic) account, iirc there are limits to how much you can send, and you will need to upgrade to a premier account. The only disadvantage of this is that if you sell on ebay then you will be charged paypal fees for receiving payments.

[basa]

Originally Posted by Ramrod

After using paypal happily on ebay for a few months I have suddenly been told that I have reached my spending limit. This is what is stated on the paypal page when I try to pay for something now:



(would have posted a screenshot but I'm fick )

Is this a normal request from paypal? Anyone else had it?

Had this myself a week or so ago and phoned PayPal to confirm that it is legit.

You have to click on the 'set up DD' link. Paypal credit your bank account with two small cash sums. When you know what these two amounts are from your bank statement (takes a few days) you enter those amounts in the PayPal confirmation and off you go.

It is an added security process (just to check it is a legit account access by the correct user).

[Ramrod]

Cheers guys. Bit of a pain really
edit----someone rep MB for me plz

[Nugget]

Originally Posted by Ramrod

edit----someone rep MB for me plz

Done and dusted mate

[Ramrod]

Originally Posted by Nugget

Done and dusted mate

Cheers m8.


What a palava to continue to be able to use paypal

[ZrByte]

Originally Posted by basa

Had this myself a week or so ago and phoned PayPal to confirm that it is legit.

You have to click on the 'set up DD' link. Paypal credit your bank account with two small cash sums. When you know what these two amounts are from your bank statement (takes a few days) you enter those amounts in the PayPal confirmation and off you go.

It is an added security process (just to check it is a legit account access by the correct user).

Because I only use a solo card I had to set this up before I coudl even start using my paypal. Very annoying as I had just bought something at the time, luckily the seller was patient and understanding.
It took 48hours for it to show up on my mini statement.

I did start up an account with Paypal until I discovered this little kink.Because of it I refuse to use it any further and I only bid for items that I pay by cheque.It may be long winded but I know where I am with a cheque.

Incog.