posted on December 16, 2004 03:03:45 PM
Has anyone had any luck getting their Paypal daily ATM Cash Withdrawl limited raised? If so how do you go about getting this done?
posted on December 17, 2004 03:48:04 PMUse your debit card to purchase a money order at the post office and have them cash it.
What good could that possibly be except a waste of $.90 or whatever a money order costs?
The post office will only let you buy a money order if you enter the PIN. The limit is no higher than just going straight to an ATM.
posted on December 21, 2004 12:24:05 PM
if your using an atm your paying more than the .90 cents the post office charges. Also when you buy a money order from the post office you can get more than you daily limit. I have gone in and gotten 2 1k money orders at one time and used paypal card + pin with no problems.
1) As previously mentioned - ATMs charge a fee for withdrawal that is more than the cost of a money order.
2) There are two seperate limits on the PayPal debit card. There is the $400 cash withdrawal limit and a $3000 Spending limit. You can use that limit to purchase a money order. I have done it numerous times when dealing with suppliers that require payment via bank transfer. It is much faster to pubchase and cash money orders than to wait for a funds transfer into my account to clear.
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If it's really "common" sense, why do so few people actually have it?
posted on December 21, 2004 04:10:38 PM
fenix,
say it again-your supplier wants wiretransfer and you wait for fund to clear in your account??
what currency does your supplier want?
-sig file -------Life is one big happy 'All You Can Eat' buffet .
posted on December 21, 2004 07:36:27 PM
Stop - read it again. I purchase money orders and deposit them rather than wait for a PayPal balance transfer to clear when I need to do a bank transfer.
I have supppliers in three different asian countries all accepting different currency but I send the USD equivalent and the banks/merchant account providers automatically convert.
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If it's really "common" sense, why do so few people actually have it?
