It’s frustrating when one of your accounts is permanently limited or banned and you lose that service. It’s even more frustrating when you don’t know why.
If PayPal recently “permanently limited” your account, you may be wondering why and how to get any money left in your account.
I looked into why PayPal limits accounts permanently and what you can do about it. Here’s what I found out.
What does Permanently Limited Paypal Account mean at PayPal in 2022?
Reasons why a PayPal account is permanently limited could be because you broke one of PayPal’s rules or agreements, or because there is fraud going on. This means that you can’t use your account anymore, and you won’t be able to make another one after 2022. Also, any money left in your limited account after 180 days will be held.
If you are interested in learning more about what PayPal regards to be a violation or fraudulent actions, how to withdraw your remaining cash, and other related topics, keep reading!
Why is there always a limit on my PayPal account?
If your PayPal account has been permanently limited, it’s probably because PayPal thinks you broke one of its Terms of Conditions or Agreement rules or did something illegal or fraudulent.
Here are some things that you can do that are wrong, illegal, or dishonest:
1. Violations of the “Acceptable Use Policy
2. Commercial Entity Agreements,
3. PayPal Balance Terms and Conditions or any other agreements like:
Any “law, statute, ordinance, or regulation” violation
Putting out fake goods, giving false, misleading, or inaccurate information”
4. Send or receive money that could be fake.
5. Have a balance in your account that is less than zero, etc.
Unfortunately, if you have done any of the things above and PayPal permanently limits your account, PayPal can also:
1. PayPal will stop giving you any services in the future.
2. Keep all of the money left in your PayPal account for 180 days to protect yourself from legal problems.
3. You are also responsible for any failures, charge backs, claims, extra costs, financial penalties, sanctions, and other costs that PayPal has to pay because of your actions.
How do I get money out of a PayPal account that is permanently limited?
If you still have money in your PayPal account after it has been permanently limited, PayPal will hold on to it for 180 days to protect itself from legal responsibility.
So, if PayPal gets any requests for refunds, disputes, claims, etc. about your account, PayPal will pay for them all with the money that’s still in your account.
Also, when the 180 days are up and PayPal has paid for all refunds, disputes, etc., it will send an email with guidelines on how to get back any money that was left over.
Also, if you don’t have enough money left in your PayPal account to pay for all of the refunds, disputes, etc., you’ll have to pay for them with money you have outside of PayPal.
This is because, as was already said, “You are responsible for any failures, charge backs, claims, extra costs, financial penalties, sanctions, and other costs that PayPal has to pay because of your actions.
Can PayPal help to remove a limit that won’t go away?
If you can find a PayPal employee with enough authority, PayPal can do anything, like remove a permanent restriction on your account.
Regrettably, this procedure is very complex and arduous, and PayPal would only change the limit if they were completely mistaken about the restriction.
Also, if PayPal limits your account for no reason, you should email PayPal right away.
Also, if the reason why your account has a permanent limit, like breaking an agreement with PayPal, is true, then PayPal is likely to stick to its decision and keep you out.
Also, if PayPal has decided that you won’t be able to use its services in the future, it won’t let you use your old account.
What is the best way for me to contact PayPal?
You should get in touch with PayPal directly if you believe that the decision to permanently limit your account was made in error, or if you are aware that someone has gained unauthorized access to your account.
Additionally, there are several different channels through which one can communicate with PayPal.
1. Sending a message to PayPal using either Facebook or Twitter is one option for those who wish to communicate with the company.
2. You can also contact PayPal by going to their Contact Us page and selecting one of the links there to send them a message. You can find the following on this page:
3. The terms “Message us,” “Call us,” “Ask the community,” and “Resolution Center” are synonymous with one another and refer to the same service.
4. You can find solutions to frequent issues and answers to commonly asked concerns on the Contact area of the PayPal website.
5.You can also contact PayPal’s customer service by dialing 1 (888) 221-1161. This number is listed on their website
How long does it take to receive a refund through PayPal?
The amount of time required to process PayPal refunds varies according to the method that was first used to make the payment. In 2022, processing times for refunds to bank accounts take between 7 and 10 business days, processing times for PayPal balances range from 3 to 5 business days, and processing times for credit or debit cards can take up to 30 days.
How Can I Completely Eliminate My Limited Paypal Account?
It is necessary that you login in to your PayPal account.
You can enter your settings by going to the “Profile” link in the left column and then selecting the “My Settings” option from the drop-down menu that appears.
Simply selecting “Close Account” from the menu will allow you to exit the Account Type section.
It would be helpful if you could choose a reason for canceling the account from the list that has been supplied…
You are able to close your account by clicking the button that says “Close Your Account.”
How does having a PayPal account impact the limited functionality of my PayPal account?
Because of the restrictions placed on your account, PayPal will not permit you to transfer or withdraw any money from it. In addition, if you are not a registered user, you might not be able to receive money, accept payments, or contribute money to your account.
Can I make a new PayPal account after my old one has been permanently closed?
Paypal accounts are getting limited a lot more often these days. A sudden rise in sales or PayPal income is one of the most common reasons. Because his or her PayPal account has been closed, the person can’t legally open a new account.
If PayPal decides to restrict your account indefinitely, it is likely because you have been involved in unlawful or fraudulent activity, or because you have broken one of PayPal’s Terms of Conditions or Agreements.
We regret to inform you that this cannot be undone, and any remaining monies in your account will be frozen for the next 180 days while we investigate all allegations. In addition, it is quite unlikely that you will be able to establish a new account in the foreseeable future.