why need to verify?.

@bubuth (1815)
Philippines
November 12, 2011 7:40am CST
hello..i just want to ask question about paypal. .When i send money from PTC to paypal does paypal will receive it or not if its not yet verified?..
1 response
@zralte (4178)
• India
12 Nov 11
Yes, Paypal will receive it. Verification is verifying your bank account with Paypal is correct. When you are withdrawing from Paypal to your account, you need to make sure that the bank account you have given is correct. Purpose of verifying: Some limitations with your Paypal account are lifted when you verify your account. I am not certain at the moment, I think your withdrawal limit increased or something.
@zralte (4178)
• India
12 Nov 11
Nothing will happen. It is better to get it verified, though. Verification process is easy. Why not verify it before you withdraw from Paypal to your bank account?
@bubuth (1815)
• Philippines
12 Nov 11
I dont have bank account yet..=) i will try to open an ATM account next week for paypal then i will verify it..thank you so much for your response..=) It really helps me..=)
@marguicha (222855)
• Chile
12 Nov 11
Do you have a credit card or a debit card? That will also be enough to get you verified. I have my paypal attached to my credit card and it´s better for me because it gets to my account in dollars and it doesn´t have to be turned into my country´s currency (for which the Bank charges).