I’ve experienced that Paypal and Moneybookers expect their users to read the terms and conditions thoroughly and strictly adhere to it. Now, that is the right thing to do and every user should take care to ensure that they have read and understood the terms and conditions. But I do understand there are many people out there who will yawn ten times by the time they finish the opening paragraph. So, here’s a brief summary of what mistakes you should avoid at all costs to ensure that you’re not barred from using Paypal or Moneybookers due to a violation of terms and conditions or that you are restricted from using their services to the fullest:
Both Paypal and Moneybookers have strict policies against having multiple accounts and they shall permanently disable your account if they find that you have violated this condition. There’s little you can do then except pleading with them to consider your case and give you back your account. It is like a dead end for Indian users of Paypal since they have to provide their PAN while registering initially.
GUESSING THE BANK DEPOSITS (PAYPAL)
Just wait for a few more days and if you don’t see the deposits contact Paypal, but please don’t try to guess the deposit amounts. Many people just enter the example amounts for no logical reason whatsoever and then they receive the warnings.
GUESSING THE POSTAL ADDRESS VERIFICATION CODE (MONEYBOOKERS)
Again, just wait for a few days for the verification letter. It has to come all the way from London and might take a while. If you try to guess the code you receive a stern warning from Moneybookers – DON’T TRY TO GUESS THE CODE.
ENTERING PSEUDO NAMES AT REGISTRATION
Well, it’s no problem when you enter a pseudonym while registering at hunkychickens.com but you’ve got to use your real name over here. If you really have entered false names then you shall have to produce certificates or documents to support your claim.
CHOOSING THE CURRENCY (MONEYBOOKERS)
Moneybookers doesn’t allow you to change your currency after your first transaction; and this ‘first transaction’ includes your verification of your credit card. So, be sure that you have selected the currency most beneficial to you. For most of the Indian freelancers I would believe that USD is the currency most beneficial in the long run.