What are transaction limits? Why are there transaction limits?

1. To send

  • There is no limit in sending money, but sending PHP 500,000.00 and above will be flagged and reviewed in accordance with AMLA.

2. To receive

  • Free account – PHP 5,000 daily maximum amount to receive (this will be implemented in 2020, exact date TBA)

 

  • Premium account – PHP 500,000.00 daily maximum amount to receive (this will be implemented in 2020, exact date TBA)

 


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