Originally Posted by EukerVoorn

Ok thanks for explaining, I'll apply for an account. And the way I understand it, you verify an account directly after opening it, you don't wait till there's a 2500 euro balance on it like PayPal does and then freeze it?

Here's my PayPal horror story: I sold an camera, the buyer pays by PayPal, 3200 euro (that's about $5000), I get an e-mail from PayPal that they froze my account because I received more than 2500 euro on it. They ask me to identify myself but when I opened the PayPal account I used my nickname - surname which doesn't match with my official name - surname and even though the PayPal online help says that they will change your nickname into your official name, the Vichy Franche branch of PayPal refused to do this and I couldn't touch the 3200 euro, they wanted to keep it for 6 months and then decide if they were willing to give it back to me. So I refunded it back to the buyer who then transferred it by the good old reliable bank transfer (wire). But what if I wasn't on good terms with the buyer? Then I would have been f u c k e d.