Originally posted by another user
What’s PayPal Limited Access Account
PayPal monitor closely on our daily activities, and when they find your transaction suspicious they will hit the button. And when PayPal suspend your account and slap you with Limited Access Account, you pretty much can’t perform any transactions until problem is solved. Here’s generally your restriction when account is limited by PayPal:
- No accepting of incoming funds
- No sending funds
- Unable to close and terminate account
- Limited view to reports
You account is basically freeze until problem is solved.
Solving Limited Access Account
I’d say Limited Access Account is like chicken pox for online money makers for Malaysians; you’ll get it, it’s just a matter of time unless you do not withdraw funds from PayPal directly. It’s really nothing to much to be worry about (unless you are dealing with dirty business that makes your funds unexplainable), its just a normal PayPal protocol to reverified one’s account. Reason why I think most Malaysians freaked out on Limited Access Account is because that’s your first direct withdrawal and you think you’ve done something terribly wrong that will lead to account terminations or there goes all your money. Like I said, PayPal monitors closely, especially on withdrawals to personal bank account. If they find your account risky, you need to prove where/how you got this funds and location you are transferring them to. Firstly PayPal will require you to prove that you are the authorized user of the account, you will need to send them:
- Copy of your utility bill
- Copy of driver’s license, IC or passport
Make sure these that you send matches the information in your PayPal account.
Here’s come the most important part. PayPal also wants you to prove your few previous transactions you’ve made and that involves information on
your funds,
your PayPal account and
your bank account.