[modeleng] Re: Paypal revisited
- From: "Clif Walker" <clif.gwr@xxxxxxxxxxxxxx>
- To: <modeleng@xxxxxxxxxxxxx>
- Date: Wed, 29 Dec 2004 15:47:13 -0000
Hi Alan and All,
The money laundering rules are really over the top these days but it doesn't
stop the crooks.If you went into a bank with a suitcase with a few million
pounds in it,they would fall over themselves to get their hands on it, but
when I was opening an account for a railway preservation society each member
of the committee who are named for signing cheques had to personally go to
the bank with their Passports and documentary proof of where they lived
before I could open the account.
Still you may as well get verified with Paypal as at least you get 10 or 12
pence from them.
Regards
Clif
----- Original Message -----
From: "alanjstepney" <alan@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx>
To: <modeleng@xxxxxxxxxxxxx>
Sent: Tuesday, December 28, 2004 6:14 PM
Subject: [modeleng] Re: Paypal revisited
> Clif,
> The limit is now £500.
>
> I wouldn't mind if it was £500 a year, say, but it is a total of £500 from
> the whole time you have been registered with them. For me, that is nearly
> £500 over three years.
>
> Money laundering? Sheesh, they have no idea. I have read the money
> laundering regs, and whilst I don't profess to be fully conversant with
> them, I cannot imagine how this fits in.
> I reckon they are using it as an excuse to push people onto DD, which
saves
> them money.
>
> As I don't have a bank account that is suitable, I regret they will have
to
> do without my custom. If hat means I use Ebay less, then so be it.
> Of course, if everyone did the same, I am sure they might reconsider, but
> few people will bother. We are too accustomed to accepting what we are
told
> to do by all and sundry.
>
> Alan
> (Rant mode off.)!
> ---- Original Message -----
> From: "Clif Walker" <clif.gwr@xxxxxxxxxxxxxx>
> To: <modeleng@xxxxxxxxxxxxx>
> Sent: Tuesday, December 28, 2004 3:09 PM
> Subject: [modeleng] Re: Paypal revisited
>
>
> Hi Alan,
>
> Paypal have a system which to comply with British Banking Rules, is
supposed
> to stop money laundering by limiting how much you can pass through your
> account in a given period.
> I think that it is about £1100.If you have reached your limit this will
> explain why they have pegged you.
> What you have to do is become verified.
> This means that you have to give them your bank details and they then to
> prove that it is genuine transfer about 12p into it.
> Once they have transfered the money in, you then contact them on a special
> site which asks you how much was paid into your account.As you are the
only
> person who knows this,when you fill in the details, this Verifies that you
> are genuine and Paypal then becomes unlimited.
>
> I am on Paypal but just to be on the safe side I run a special Bank
Account
> for it which never has much money in it,so that if some smart alec thinks
he
> is going to clean it out he wont get much.
>
> Regards
>
> Clif
>
>
>
> --
> No virus found in this outgoing message.
> Checked by AVG Anti-Virus.
> Version: 7.0.298 / Virus Database: 265.6.4 - Release Date: 22/12/2004
>
> MODEL ENGINEERING DISCUSSION LIST.
>
> To UNSUBSCRIBE from this list, send a blank email to,
> modeleng-request@xxxxxxxxxxxxx with the word "unsubscribe" in the subject
line.
>
>
> --
> Internal Virus Database is out-of-date.
> Checked by AVG Anti-Virus.
> Version: 7.0.298 / Virus Database: 265.6.4 - Release Date: 22/12/2004
>
--
Internal Virus Database is out-of-date.
Checked by AVG Anti-Virus.
Version: 7.0.298 / Virus Database: 265.6.4 - Release Date: 22/12/2004
MODEL ENGINEERING DISCUSSION LIST.
To UNSUBSCRIBE from this list, send a blank email to,
modeleng-request@xxxxxxxxxxxxx with the word "unsubscribe" in the subject line.
Other related posts:
