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Paypal Issue - Business - Nairaland

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How Can I Solve This PAYPAL Issue / Please Help: Paypal Issue / Please Help Me Solve This Paypal Issue (2) (3) (4)

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Paypal Issue by Glistinin(m): 7:23pm On Sep 21, 2019
Please who can help with this PayPal issue:

Hello,

We need to collect additional information about your business for compliance and regulatory reasons. Please provide this information before 26 September 2019. Submitting this information will only take a few minutes.

Why do we need this information?

The Foreign Account Tax Compliance Act (FATCA), a U.S. tax law, requires financial institutions like PayPal to collect additional information from customers when a new business account is opened. This information is required even if your business or your customers are not United States taxpayers or located in the United States. This information is collected for regulatory and compliance purposes. If you’d like to learn more about FATCA, click here.

Note: This PayPal account is Lesotho PayPal and not USA PayPal. That is what is surprising because I thought FATCA law apply only to US citizens though my account is business type. I know some other people got this issue here but, nobody is talking about it here as if it does not matter.
Re: Paypal Issue by sheungeek(m): 7:38pm On Sep 21, 2019
US PayPal abi?
Re: Paypal Issue by Achimela: 8:01pm On Sep 21, 2019
Glistinin:
Please who can help with this PayPal issue:

Hello,

We need to collect additional information about your business for compliance and regulatory reasons. Please provide this information before 26 September 2019. Submitting this information will only take a few minutes.

Why do we need this information?

The Foreign Account Tax Compliance Act (FATCA), a U.S. tax law, requires financial institutions like PayPal to collect additional information from customers when a new business account is opened. This information is required even if your business or your customers are not United States taxpayers or located in the United States. This information is collected for regulatory and compliance purposes. If you’d like to learn more about FATCA, click here.

Your PayPal account needs verification before you can carry out any transaction with the account. Let me know if you need PayPal account for any payment
Re: Paypal Issue by Glistinin(m): 9:51pm On Sep 21, 2019
Achimela:

Your PayPal account needs verification before you can carry out any transaction with the account. Let me know if you need PayPal account for any payment
I am withdrawing with the account. I just want to find out how those that passed through this issue resolved it. It's not stopping me from withdrawing.
Re: Paypal Issue by Achimela: 2:35am On Sep 22, 2019
Glistinin:
I am withdrawing with the account. I just want to find out how those that passed through this issue resolved it. It's not stopping me from withdrawing.
If you are been asked to submit documents for verification purpose, you can't withdraw from such account until you complete the verification process.
Good luck....
Re: Paypal Issue by Nobody: 3:38am On Sep 22, 2019
Glistinin:
Please who can help with this PayPal issue:

Hello,

We need to collect additional information about your business for compliance and regulatory reasons. Please provide this information before 26 September 2019. Submitting this information will only take a few minutes.

Why do we need this information?

The Foreign Account Tax Compliance Act (FATCA), a U.S. tax law, requires financial institutions like PayPal to collect additional information from customers when a new business account is opened. This information is required even if your business or your customers are not United States taxpayers or located in the United States. This information is collected for regulatory and compliance purposes. If you’d like to learn more about FATCA, click here.


Get an ITIN to verify your identity and Utility bill to verify your address

Verify your bank with payoneer First century bank

Verify phone now with textnow

Do all this they will lift it

1 Like 1 Share

Re: Paypal Issue by Glistinin(m): 6:03am On Sep 22, 2019
Achimela:

If you are been asked to submit documents for verification purpose, you can't withdraw from such account until you complete the verification process.
Good luck....
It is for additional information. Not for verification. I got that email the day I opened the account.
Re: Paypal Issue by Glistinin(m): 6:08am On Sep 22, 2019
webshopNG:


Get an ITIN to verify your identity and Utility bill to verify your address

Verify your bank with payoneer First century bank

Verify phone now with textnow

Do all this they will lift it
Baba, this is a Lesotho PayPal. It got nothing to do with USA. That is why I am surprised receiving that email because I thought FATCA apply only to US citizens.
Re: Paypal Issue by Glistinin(m): 6:09am On Sep 22, 2019
sheungeek:
US PayPal abi?
No. Lesotho PayPal
.
Re: Paypal Issue by Achimela: 6:35am On Sep 22, 2019
Glistinin:
It is for additional information. Not for verification. I got that email the day I opened the account.
No need arguing. It's a US acccount. Those additional information is for verification and you can't send out funds from that account without supplying those information becos it's obvious it's a US account you opened,. You can prove me wrrong by trying to send fund from thact account and see if it will go thru. Then send me screenshot as prove.
Re: Paypal Issue by Nobody: 6:50am On Sep 22, 2019
Glistinin:
Baba, this is a Lesotho PayPal. It got nothing to do with USA. That is why I am surprised receiving that email because I thought FATCA apply only to US citizens.

Close the account bro
Re: Paypal Issue by Glistinin(m): 6:52am On Sep 22, 2019
Achimela:

No need arguing. It's a US acccount. Those additional information is for verification and you can't send out funds from that account without supplying those information becos it's obvious it's a US account you opened,. You can prove me wrrong by trying to send fund from thact account and see if it will go thru. Then send me screenshot as prove.
Oga na Lesotho PayPal. Not US.
Re: Paypal Issue by Glistinin(m): 6:53am On Sep 22, 2019
webshopNG:


Close the account bro
That is not cool. I will rather downgrade it to personal account.
Re: Paypal Issue by Nobody: 6:58am On Sep 22, 2019
Glistinin:
That is not cool. I will rather downgrade it to personal account.

Are there no limitations on it which will only be lifted if you provide those documents? You have to provide what they have requested. See when a paypal account starts with its provblem its better to face it , upload the documents or ditch it if there is no funds there.
How old is the account and has it transacted so much?
You can get the documents as i said, infact getting ITIN is as easy as ABC just a phone call to IRS and they will issue it.


When we ask you to stop reading outdated ebooks and get proper consultation , you go vex go do am yourself, Lets open it for you then, na fight.
Okay after limitation, do this , that is how to resolve it. Na still fight. Nairalanders need to take a chill pill , PAYPAL IS NOT A FRIEND OF NIGERIANS. You must be crazy and experienced enough to deal with them

5 Likes 1 Share

Re: Paypal Issue by Achimela: 7:04am On Sep 22, 2019
Glistinin:
Oga na Lesotho PayPal. Not US.
Lol. I rest my case
Re: Paypal Issue by Nobody: 7:22am On Sep 22, 2019
Achimela:

Lol. I rest my case
I tire
Re: Paypal Issue by Glistinin(m): 11:28am On Sep 22, 2019
webshopNG:


Are there no limitations on it which will only be lifeted if you provide those documents? You have to provide what they have requested. See when a paypal account starts with its provblem its better to face it , upload the documents or ditch it if there is no funds there.
How old is the account and has it transacted so much?
You can get the documents as i said, infact getting ITIN is as easy as ABC just a phone call to IRS and they will issue it.


When we ask you to stop reading outdated ebooks and get proper consultation , you go vex go do am yourself, Lets open it for you then, na fight.
Okay after limitation, do this , that is how to resolve it. Na still fight. Nairalanders need to take a chill pill , PAYPAL IS NOT A FRIEND OF NIGERIANS. You must be crazy and experienced enough to deal with them
I can't close the account. I got money coming into it on Monday. They sent that because its a business account.
Re: Paypal Issue by Glistinin(m): 11:31am On Sep 22, 2019
Achimela:

Lol. I rest my case
I go withdraw some change show u.
Re: Paypal Issue by Nobody: 3:41pm On Sep 22, 2019
Glistinin:
I can't close the account. I got money coming into it on Monday. They sent that because its a business account.
You got your money lol
You will learn your lesson.

Goodluck bro.
Re: Paypal Issue by AAA593: 8:47am On Sep 23, 2019
webshopNG:

You got your money lol
You will learn your lesson.

Goodluck bro.
You no sabi PayPal problems. PayPal is simply telling him to choose his business location. Follow the link and choose your business location country e.g Nigeria. Una go just dey form Don up and down
Re: Paypal Issue by Nobody: 8:54am On Sep 23, 2019
AAA593:

You no sabi PayPal problems. PayPal is simply telling him to choose his business location. Follow the link and choose your business location country e.g Nigeria. Una go just dey form Don up and down
Tell that to the OP Sir Donard it's not me looking for solutions. You can never be too careful with PayPal, I said what I said. I'm a certified PayPal don grin


Have a lovely day.
Re: Paypal Issue by bluefilm: 1:01am On Apr 09, 2020
Glistinin:
Please who can help with this PayPal issue:

Hello,

We need to collect additional information about your business for compliance and regulatory reasons. Please provide this information before 26 September 2019. Submitting this information will only take a few minutes.

Why do we need this information?

The Foreign Account Tax Compliance Act (FATCA), a U.S. tax law, requires financial institutions like PayPal to collect additional information from customers when a new business account is opened. This information is required even if your business or your customers are not United States taxpayers or located in the United States. This information is collected for regulatory and compliance purposes. If you’d like to learn more about FATCA, click here.

Note: This PayPal account is Lesotho PayPal and not USA PayPal. That is what is surprising because I thought FATCA law apply only to US citizens though my account is business type. I know some other people got this issue here but, nobody is talking about it here as if it does not matter.

Hi there Mr. Glistinin

I just opened a Lesotho Paypal and I got a similar information.

Please I will so much appreciate it if you can tell me how you went about resolving that issue.

What document/s exactly were they asking for?

Hoping to hear from you soon.

Thanks man.
Re: Paypal Issue by Glistinin(m): 2:16am On Apr 09, 2020
bluefilm:


Hi there Mr. Glistinin

I just opened a Lesotho Paypal and I got a similar information.

Please I will so much appreciate it if you can tell me how you went about resolving that issue.

What document/s exactly were they asking for?

Hoping to hear from you soon.

Thanks man.
just leave it like that. Nothing will happen.

1 Like

Re: Paypal Issue by bluefilm: 7:19am On Apr 09, 2020
Glistinin:
just leave it like that. Nothing will happen.

Really?

Wow, that's good to hear.

I was scared because they said I have to provide the additional information before the 7th of July.

And I was wondering where I could get the papers for the business I was supposed to be running, assuming that is what they were looking for.

Another thing that scared me was the fact that those guides I read on how to go about opening the Lesotho Paypal never mentioned anything like that so I was wondering if I had done everything right or maybe the Lesotho Paypal is no longer working.

But since you said nothing will happen, let me now keep my fingers crossed, and watch as events unfold.

Thanks for responding.

I really appreciate.
Re: Paypal Issue by showafrica(m): 11:01pm On May 20, 2020
bluefilm:


Really?

Wow, that's good to hear.

I was scared because they said I have to provide the additional information before the 7th of July.

And I was wondering where I could get the papers for the business I was supposed to be running, assuming that is what they were looking for.

Another thing that scared me was the fact that those guides I read on how to go about opening the Lesotho Paypal never mentioned anything like that so I was wondering if I had done everything right or maybe the Lesotho Paypal is no longer working.

But since you said nothing will happen, let me now keep my fingers crossed, and watch as events unfold.

Thanks for responding.

I really appreciate.

Same thing here... They sent that msg last yr, i do like say i no see am, they come extend am come July. I no send them sha.. I know say b4 then solution go come
Re: Paypal Issue by bluefilm: 11:06pm On May 20, 2020
showafrica:
Same thing here... They sent that msg last yr, i do like say i no see am, they come extend am come July. I no send them sha.. I know say b4 then solution go come

No wahala.

May we just dey watch dem.
Re: Paypal Issue by Badb0y4lyf(m): 7:23pm On Mar 05, 2021
bluefilm:


No wahala.

May we just dey watch dem.


Did you verify this later on or has PayPal limited the acc
Re: Paypal Issue by Badb0y4lyf(m): 7:23pm On Mar 05, 2021
showafrica:


Same thing here... They sent that msg last yr, i do like say i no see am, they come extend am come July. I no send them sha.. I know say b4 then solution go come

How did you resolve this.
Re: Paypal Issue by showafrica(m): 12:10am On Mar 06, 2021
Badb0y4lyf:


How did you resolve this.


They still use their hand say its resolved... Possibly, any time big money pass there, they will remember.
Re: Paypal Issue by Badb0y4lyf(m): 12:45pm On Mar 06, 2021
showafrica:


They still use their hand say its resolved... Possibly, any time big money pass there, they will remember.

Lol nice I just recive $100 in it and im trying to send the money out but it requesting to confirm phone number.
Note : I already put my nigeria number wen registering but now it only +266 there I can't select any other country to put phone number.
Re: Paypal Issue by showafrica(m): 7:28pm On Mar 06, 2021
Badb0y4lyf:


Lol nice I just recive $100 in it and im trying to send the money out but it requesting to confirm phone number.
Note : I already put my nigeria number wen registering but now it only +266 there I can't select any other country to put phone number.

Is it Lesotho business account?
Re: Paypal Issue by Badb0y4lyf(m): 7:14am On Mar 08, 2021
showafrica:


Is it Lesotho business account?

Yes it is

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