[CR]Paypal caps seller amt they can receive per month - only 1 MASI per month???

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From: "Steve Neago" <questor@cinci.rr.com>
To: <classicrendezvous@bikelist.org>
Date: Thu, 15 Jan 2004 08:47:19 -0500
Subject: [CR]Paypal caps seller amt they can receive per month - only 1 MASI per month???

Hello,

Paypal payments to sellers are soon going to be restricted to a total max of $1000 per month. Therefore, the several MASI's that Matteo, Kim, and Carsten occasionally sell every month may max out their personal accounts for that month if Paypal is used. It is strange that Paypal chose to cap personal accounts, perhaps this is their way of forcing individuals to obtain monthly charge business accounts...

Regards, Steve Neago Cincinnati, OH

Personal Account Receiving Limits

Notice Date: January 8, 2004 Effective Date: February 13, 2004

Starting on February 13, 2004, PayPal will begin capping the amount Personal account holders in the U.S., U.K., and Canada are able to receive per month. The cap will be the equivalent of $1,000 USD, based on the Primary Currency of the account. In addition, users will no longer be allowed to split payments between Personal and Premier/Business accounts. Only ecommerce payments received from eBay, auction, or website sales will count towards the receiving limit.