What is a Sending Limit?
A sending limit is the maximum amount of money you can send in a single transaction or within a specific time period. This limit is based on your KYC (Know Your Customer) level, which verifies your identity. Higher KYC levels usually allow for higher sending limits.
My Sending Limit
To see your sending limit click here
Why Do We Have a Sending Limit?
We have a sending limit to ensure the security and compliance of our services. Sending limits help us:
- Prevent Fraud: By setting limits, we can monitor and prevent fraudulent activities.
- Ensure Compliance: Sending limits help us comply with financial regulations and anti-money laundering laws.
- Maintain System Efficiency: Limits help manage the flow of transactions, ensuring our system runs smoothly for all users
Mobile Wallets and Limits
The maximum amount of money your recipient can receive also depends on their mobile wallet limit. If the wallet is full, they must clear it to receive more money.