Okay, once again.
Not considering the
Business Account, you have four "choices".
/1/ Unverified
Personal Account.
/2/ Unverified
Premier Account.
/3/ Verified
Personal Account.
/4/ Verified
Premier Account.
Personal Accounts let you make payments with credit cards, debit cards and bank accounts and receive payments
only from PayPal accounts.
Premier Accounts let you make payments with credit cards, debit cards and bank accounts and receive payments from PayPal accounts, credit cards, debit cards and bank accounts.
See hereBy upgrading "simple" Personal and Premier accounts to verified ones, you have unlimited payments and withdraws amounts.
Edit:Limits for "simple" accounts do apply for total amounts! My limit is 1000€ and I've got around 850€ left, which means that sooner or later, if I keep using PayPal, I
will have to get verified, otherwise I won't be able to make payments nor withdraws anymore. And since I'm not verified yet, I am actually not able to make a payment greater than 850€.