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PAYPAL: Lifting the receiving limit. Which of these options did you choose?

(2 Posts)
plinkduet Sun 03-Jul-11 21:07:23

My Paypal has reached it's upper receiving limit so has been frozen until I take action to lift the limit. I've already done the verification process a long while back, it now asks the following:

What is your ownership type?

An individual consumer refers to any physical person acting outside their business, trade or profession.
If you’re a non-registered partnership, you’ll need to select sole proprietor.

A sole proprietor What's this?
A sole proprietor is a business owned and run by one individual where there is no legal distinction between the owner and the business. A sole proprietor may also use a business name other than his or her legal name.Any other type of business, charity or government entity What's this?
Excluding sole traders, this refers to any type of legal entity, such as a company, partnership, charity or government entity.Choose type
-- Choose a Value --PartnershipPublic companyPrivate companyNon-profit organisationGovernment entity Different business types

Please make sure you've chosen the correct account type since you won't be able to change it at a later date.Yes, the information above is correct.

I'm confused about the first option as the other tweo dont apply. I have allowed someone else to use my ebay/Paypal account temoprarily not realising the large sales prices they would achieve - hence the limit ban - but has anyone else chose the first option? I dont want to be flagged as a high volume seller or have to regsiter a Paypal business acccount, etc.

Thanks smile

FabbyChic Sun 03-Jul-11 23:57:28

Choose the first option.

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