Paypal

Why does paypal not allow you to withdraw more than $500?
"PayPal members are limited to withdrawing $500.00 USD per month."
"PayPal members are limited to withdrawing $500.00 USD per month."
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Comments
You must upgrade, I did it a few months back.
Neil
The Withdrawal Limit can be removed by authenticating your identity.
Here's How:
1. Log in to your PayPal account.
2. Click the View Limits link next to your balance information.
3. Click the Lift This Limit link.
4. Complete the steps on the To Do list to lift your Withdrawal Limit.
Just completed verifying my credit card.........charged me $2 and I have to write in the code that appears on my statement after that paypal will refund me.
Thanks for the help guys.