Selling With Paypal Account Opened In Thailand, Any Limitation ?

[Soboringtochooseaname]

Hi,

Can you confirm that Paypal doesn't ask any company registration or tax document when using it as a credit card gateway on your online shop operated from Thailand ?

Is it because there is now law here saying that Thai should declare what they sell online ?

Just wondering as Thai friend never had to provide any document after more than $5000 of products sold.

Thanks to share yoru experience.

[craigt3365]

I think you are better off with this over in the Business forum.

Topic Moved.

[dave111223]

You do not need to provide further business information; obviously this could change in the future.

[Heng]

The Thai Paypal (which is basically a Singapore Paypal account) account is understandably a bit limited though. Expect more freeze flags (compared to say a US Paypal account or even a Singapore or Hong Kong Paypal account linked to your residency or company info in Singapore or Hong Kong) when you move larger volumes of funds per month.

[KRS1]

Never send anything without a tracking number, first time you send without one and the buyer is trying to do a chargeback to screw you. Your paypal will be forever flagged and you will get sporadic surprise account limitations for 21 days. Try not to withdraw funds immediately after the funds are transferred also, this also raises flags.

Beware of buyers from the UK, these are the only nationalities i've had problems with.

[terryp]

what a load of carp, Paypal WORLDWIDE does not recognize any Registered mail numbers the only Tracking numbers they will accept on any claim is via courier etc Like Fedex where the tracking is fully on-line in real time..even EMS is not fully recognized

Be aware of ITALY, FRANCE, MALTA, INDONESIA, SOUTH AFRICA as their postal systems CHANGE the registered mail numbers into local ones ...so there is no way to basic track past Suvanabumi airport

Paypal do impose withdrawal limits until all verification is passed, you can then set up Paypal so your account is cleared into your bank DAILY

[KRS1]

Where did i say registered mail ? I said tracking number, something online that can be seen if an item has been delivered. Registered mail doesn't have that option. EMS does and i've won disputes using EMS.

Dont listen to terryp, thats a good way to get your account locked.

Edited January 3, 2012 by KRS1

[somo]

I opened a PP account for my wife a while back as it proved impossible for me to do so. They want utility bills etc in my name which you cannot have here in Thailand. I stopped using when I realized they were scamming me so much on the Thai baht exchange rate (about 15%!!) so unless you are selling in Thai baht then forget it and get an account in your home country.

Recipient country's no longer put international registered mail on their computers but I find 99.9% of online buyers to be honest so the money saved on not registering anything more than compensates for the very occasional loss. EMS is too expensive unless you are selling high priced items

[Soboringtochooseaname]

Yes, Paypal fee is expensive, but no more than local banks, and if you sell worldwirde Paypal is a lot easier to use and trustable by customers.

So it's good if you can sell without limit from Thailand, a lot better than my US based account where I had to provide fake company documents :-) (but it works anyway! hahaha)

[dave111223]

what a load of carp, Paypal WORLDWIDE does not recognize any Registered mail numbers the only Tracking numbers they will accept on any claim is via courier etc Like Fedex where the tracking is fully on-line in real time..even EMS is not fully recognized

In most countries (such as Australia, US, UK) Thai post EMS and Airmail tracking numbers can be tracked via the destination countries postal site (such as www.usps.com, auspost.com.au) and Paypal will accept a number that can be tracked on USPS, Auspost, etc... as proof of delivery.

[Soboringtochooseaname]

EMS can be tracked on Thai post website and most of local post offices websites througout the world.

Registered Email NOT, only on Thai post, and I got confirmation from the Thai post head office that it should be improved soon.

[dave111223]

Registered Email NOT, only on Thai post, and I got confirmation from the Thai post head office that it should be improved soon.

Wrong; Here is USPS tracking for a register mail number shipped from Thailand: http://trkcnfrm1.smi.usps.com/PTSInternetWeb/InterLabelInquiry.do?origTrackNum=RF455522271TH

[Soboringtochooseaname]

Sorry, yes I was unclear, it works for letters but not for parcels.

Parcels registration numbers start by RR, not RF.

[MANICMINER]

Due to Anti-money laundering laws in many countries, including the EU, paypal will ask you to provide proof of identity and address when your account has received a certain amount of many. i believe the current limit in the EU is 5000 euros, and they will ask you to send them documents at any time after you have exceeded the limit. Most people are not aware of this, as most never reach the limit. Also, if your account is flagged for any reason, which has happened to many people, they can freeze your account, and ask for any documents they want. Many people have come undone, because they used false information in initially setting up and verifying their accounts, and later they are unable to provide the correct documents. If you are serious about running a online business, i would not use paypal - there are other alternatives.

[dave111223]

Sorry, yes I was unclear, it works for letters but not for parcels.

Parcels registration numbers start by RR, not RF.

That was a parcel; RR and RF are both register mail codes, there is no distinction in the code between parcel or letter. They have a roll of register mail tracking stickers, they stick the same sticker whether it's a parcel or letter.

Just incase you don't believe me: http://trkcnfrm1.smi.usps.com/PTSInternetWeb/InterLabelInquiry.do?origTrackNum=RR000302765TH

Edited January 3, 2012 by dave111223

[Soboringtochooseaname]

Oh really, thank you so much but how come that I NEVER got RF but only RR and have NEVER been able to tracking any parcel arrived in US or Europe ?

Do you ship to many US states and it is always possible to track ?!

Thanks again !

[dave111223]

"Tracking" for these kind of packages usually only shows up in the USPS system once the package has been delivered. So it might be a month before it actually shows up on USPS.

However this works fine as proof of delivery for Paypal because they give you like 2 weeks to provide the tracking number for dispute, then they take a week or so to even look at the case; so by that time the tracking info is usually up on USPS.

[Soboringtochooseaname]

I know that it takes time, but even after months NONE of my tracking number shows any result, so it couldn't only be bad luck.

Will try to find an explanation.

Do you always ship fromt the same post office in Bangkok ?

Thanks for all, and once more it's incredible that post officers told be that it's normal that it's not yet possible to track, because the system is in BETA...

[somo]

None of my registered mail shows up when I try to track it in USA, Australia or UK but Canada post do put it on their computers.

It used to show up in the USA but no longer so I now save the 55 Baht. Interestingly I lose less packages by not registering!

I can only assume that is because unregistered packages are delivered regardless of if the recipient is home or not.

If you are sending a lot of packages the saving over a month is quite a lot of money. It is a waste of money to register low value packages. High value by EMS is ok as it is trackable.

[Soboringtochooseaname]

Happy to see that I am not alone and would REALLY like to understand what is the problem with our registered mails ? I send few to US every week and they never showed up on Usps.com !

[autan]

Never send anything without a tracking number, first time you send without one and the buyer is trying to do a chargeback to screw you. Your paypal will be forever flagged and you will get sporadic surprise account limitations for 21 days. Try not to withdraw funds immediately after the funds are transferred also, this also raises flags.

Beware of buyers from the UK, these are the only nationalities i've had problems with.

I've got my eye on you Sir.

[KRS1]

So does Paypal, they've even tracked my actions at another website where i sell things.

Delete flash cookies.

[chops]

Open a US or foreign PayPal account here in Thailand. No registration need(from PayPal).

Also, PayPal will not limit your PayPal account either.

[KRS1]

Paypal can limit your withdrawls to $500 per month and make you wait 21 days before you can withdraw in order to cover any refund request.

I know because my account has just had the 21 day limitation lifted FOR THE SECOND TIME. I can thank ebay for that.

[p_brownstone]

Paypal can limit your withdrawls to $500 per month and make you wait 21 days before you can withdraw in order to cover any refund request.

I know because my account has just had the 21 day limitation lifted FOR THE SECOND TIME. I can thank ebay for that.

From your various, clearly knowledgeable, Posts on other financially related subjects I appreciate your input on this Thread - and your comment above leaves me a little concerned.

Paypal is notorious for their arbitrary restrictions on Accounts and, once imposed, they prove difficult to settle quickly and effect the release of Funds.

My wife (Thai) has a Paypal Account "linked" to my AMEX (Platinum) Card - a Thai Baht based Card - and to a TFB Account in my name for withdrawals (again to a Thai Baht account obviously).

She regularly withdraws US $ 700.- (Chinese numerology connected - I guess!) from Paypal to the Bangkok TFB Account whenever the balance available on Paypal exceeds that .... which it does around 3 or 4 times a month (so let's say on average a total US $ 2,000.- a month in total is withdrawn via Paypal) - but she invariably leaves around US $ 100 or so in the Account just in case there is a dispute from a Buyer (we have only ever had 1 and it was decided in my wifes' favour).

This withdrawal pattern has been going on without problem for 6 months or more - in fact longer than that, the Paypal Account was set up and running about 3 years ago but we had a hiatus of about a year when there were no transactions at all because my wife somewhat lost interest in the business (all these transactions are via eBay by the way).

Given your experience - longer and far more extensive than mine obviously - can you foresee any problems down the line?

Patrick

[KRS1]

Paypal can limit your withdrawls to $500 per month and make you wait 21 days before you can withdraw in order to cover any refund request.

I know because my account has just had the 21 day limitation lifted FOR THE SECOND TIME. I can thank ebay for that.

From your various, clearly knowledgeable, Posts on other financially related subjects I appreciate your input on this Thread - and your comment above leaves me a little concerned.

Paypal is notorious for their arbitrary restrictions on Accounts and, once imposed, they prove difficult to settle quickly and effect the release of Funds.

My wife (Thai) has a Paypal Account "linked" to my AMEX (Platinum) Card - a Thai Baht based Card - and to a TFB Account in my name for withdrawals (again to a Thai Baht account obviously).

She regularly withdraws US $ 700.- (Chinese numerology connected - I guess!) from Paypal to the Bangkok TFB Account whenever the balance available on Paypal exceeds that .... which it does around 3 or 4 times a month (so let's say on average a total US $ 2,000.- a month in total is withdrawn via Paypal) - but she invariably leaves around US $ 100 or so in the Account just in case there is a dispute from a Buyer (we have only ever had 1 and it was decided in my wifes' favour).

This withdrawal pattern has been going on without problem for 6 months or more - in fact longer than that, the Paypal Account was set up and running about 3 years ago but we had a hiatus of about a year when there were no transactions at all because my wife somewhat lost interest in the business (all these transactions are via eBay by the way).

Given your experience - longer and far more extensive than mine obviously - can you foresee any problems down the line?

Patrick

The following can have an effect:

1) ebay username changes

2) logging into your Thai created ebay or Paypal account from abroad (they got me good on this one) If you go abroad use a different ebay and Paypal name for safety.

3) logging into your paypal account from more than 3 computers, they examine the hardrive label and flash cookies (not regular cookies) as well as computer name, log in name, plus other identifiers.

4) exceeding your selling limit on ebay

5) making too many sales too quickly if you are a relatively new user to ebay

6) cornering any segment of the ebay market eg; lifetime warranties, claiming the product was specifically designed if it really isn't, free shipping combined with other offers, making you too competitive.

7) if you buy a product and its defective and the seller comes to agreement that you will agree to notify ebay that it was a mistake on your part when you left negative feedback. Then the seller sends you a bribe product as compensation for your feedback correction.

8) no tracking number

9) becareful using the ebay turbo lister software, you can use it to make multiple listings, but it doesn't let you know if you are posting too many items and exceeding your limit.

10) listing items you cannot prove you have in stock, they will ask for an invoice, and will use EXIF viewer to see if it was modified with Photoshop.

11) changing addresses

12) doing deals outside of ebay, if the customer was sourced from ebay. They will detect the transaction via Paypal.

13) ebay, paypal, craigslist are all the same company.

14) don't argue with their policies, they don't care and will just flag you.

All your Paypal usernames show up on the Paypal support teams screen by using common identifiers.

A simple way around this for Thai citizens is to get the English portion of their name spelled with a different variation, by applying for a change on the ID card or passport. Passport is easier just tell them the name was spelled wrong. (eg; nataporn = nhottaparn) The Thai spelling remains the same, a bank account with the other English variation can be used to stay undetected. Assuming you use a different computer and ISP. Bank accounts can be in either Thai or English.

Your withdrawls wouldn't seem to pose a risk , just don't withdraw the money immediately after it is received too often. This emulates the behavior of a scammer.

Once your flagged that's it, game over. Making another account will last about 2-3 months before they catch you, and you'd have to resort to the tactics above, luckily the K-Bank virtual credit card can be used with the alternate name spelling for verification and refund guarantee, which of course can have $0.00 in the account and still work for verification.

Paypal also collects information of the websites you have been visiting via flash cookies to check your reputation and how you interact with customers questions posted on web boards with classifieds sections.

[haveaniceday]

I have read on here that many people have multiple Paypal accounts, reading the Paypal site it says you can have a personal and a biz account only.

I would like to keep my personal account in my home country in that countries currency to pay some monthly bills that come off it, I would also like to have one in Baht in Thailand. I read that the company is anal with many things, does any one know of a work around?