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How to Open free PayPal Account Part 2

Get PayPal-verified

For your account to get verified, PayPal must be able to confirm that your bank account is really yours. If you bank online, you can usually confirm your account in a few m
inutes. When PayPal has the information it needs, it makes two small deposits into that account. After a week or so, call your bank or check your account online and find out the amount of these two deposits.
When you have the amounts, sign on to the PayPal website with your password, and type the amounts in the appropriate place. Voilà! Your account is registered — and, not coincidentally, you’re verified! PayPal has confirmed that you hold an active account with your bank. All banks are required to screen their account holders, and verification authenticates your identity to anyone who does business with you.
Here are some benefits of being PayPal verified:
  • You can spend up to $10,000 through PayPal in a single transaction.
  • You gain a higher level of account security.
  • You present a confident image as a buyer or seller. Verified status shows other PayPal members that you have passed PayPal's security checks.
****If you don’t want to give up your bank account number, you can become verified by applying for and being accepted for a PayPal Plus credit card or PayPal Buyer Credit.
When you first sign up, there are limits on the amount of money you can withdraw from PayPal, you may only be able to withdraw $500.00 per month.
Luckily, you can remedy this feature by confirming your bank account and linking your credit cards. After you complete the steps shown here, you’re in the clear. The only limit is that any one withdrawal transfer to a bank can't exceed $100,000.00 USD.
Here's how you can view and lift your withdrawal limit:
  1. Go to PayPal.com and sign in to your account.
  2. 2,In your Account Overview, click the link near your name that reads View Limits.
  3. On the resulting page, find the link that reads Lift Limit and click it.
    You are now ready to roll>>>>>>>>>>>
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