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Paypal - One of the Biggest Online bank provides superb features and facility to all e-shopers, and webmasters for buying or selling resources online.But many problems arise when Paypal make our Accounts Limited
Recently my account was Limited in Paypal, I simply Added my bank account and then submitted bank statement as Utility Bill, and within 2-3 Days my account was open for transctions 
Even if your account is Limited , after 180 days from Limited account you can withdraw your money in your Back account , if you are not in mood to submit your details to paypal.
But i recommend you to verify your paypal account , Dont wait for 180 th day for Bank withdrawls .
Great tips. Yes, it is important to verify the account.