Can I send money in multiple transactions to bypass the Remitly limit?

> *Thought for 4 seconds* Trying to send money in multiple transactions to bypass Remitly’s transfer limit is not recommended. Remittance providers set limits for reasons like regulatory compliance, anti-money-laundering (AML) checks, and fraud prevention; splitting transfers may trigger holds, account verification requests, or even suspension of service. Instead of attempting to circumvent limits, check Remitly’s verified limits, complete required ID verification, or contact customer support for legitimate options. Doing things the right way protects your funds and ensures timely delivery.

For businesses and frequent senders, consider authorized solutions: set up a business account, use higher-tier verification, or explore partners that offer larger transfer corridors—always within legal and platform rules. Compare fees, exchange rates, and transfer speeds to find the most cost-effective approach. Remember, intentionally evading limits can have legal consequences; follow provider policies and seek official alternatives for high-value transfers. For clarity on limits and best practices, review Remitly’s terms or reach out to their support.

How long does it take for Remitly to approve higher sending limits?

When it comes to sending money internationally, one of the key concerns for users is how quickly they can increase their sending limits. For those using Remitly, the process of approving higher sending limits typically depends on several factors, including the type of verification required.

Remitly offers two types of sending limits: Basic and Advanced. Basic limits are automatically assigned based on your account profile, but if you need to send larger amounts, you may need to undergo additional verification to qualify for Advanced limits. This usually involves providing personal information, proof of identity, and sometimes, supporting documents like a utility bill or bank statement.

The approval process for higher sending limits can take anywhere from a few hours to a couple of business days. The time frame can vary depending on how quickly you provide the required documentation and how smoothly the verification process goes. Once your documents are reviewed and approved, your sending limits will be updated accordingly.

It’s important to note that Remitly typically communicates updates via email, so ensure your contact information is up to date to avoid delays.

Does Remitly set limits for specific currencies or countries?

Remitly is a popular remittance service that enables users to send money across borders quickly and securely. However, like many financial services, Remitly does set limits for specific currencies and countries. These limits can vary based on a range of factors, including the sending and receiving countries, the payment method, and the recipient's local regulations.

For example, sending limits may differ depending on whether the transfer is made using a bank account, debit card, or credit card. Additionally, countries with stricter financial regulations may have lower transaction limits. Remitly may also impose limits on how much money can be sent within a certain time frame to ensure compliance with anti-money laundering laws.

It is important to check the limits for your specific transfer before sending money. Remitly provides detailed information on these limits in their terms of service and on their website, which helps users plan their transfers accordingly. Understanding these limits ensures a smooth and hassle-free remittance experience for both senders and recipients.

Are there any limits for sending large amounts on Remitly to India?

Sending money through Remitly to India is a fast and reliable option for remittances, but it’s important to be aware of certain limits that may apply. Depending on the payment method and the recipient's location, Remitly has varying transaction limits to ensure safe and efficient transfers.

For example, when using a debit or credit card, customers can send up to $2,999 USD per transaction. However, if using a bank transfer, higher limits may be available. Remitly also imposes a maximum of $15,000 USD per transfer in certain cases, depending on the sender's verification level and account history.

Additionally, India has specific regulatory limits for international money transfers. As per the Reserve Bank of India (RBI), there’s a cap on remittances for purposes like family maintenance, education, and business expenses. It is essential to check these guidelines before initiating large transactions to avoid any issues.

While Remitly provides a user-friendly platform, it’s crucial to confirm your transfer limits before sending large amounts. Make sure to verify your account, and be aware of any regional regulations that could impact the amount you can send to India.

 

 

About Panda Remit

Panda Remit is committed to providing global users with more convenient, safe, reliable, and affordable online cross-border remittance services。
International remittance services from more than 30 countries/regions around the world are now available: including Japan, Hong Kong, Europe, the United States, Australia, and other markets, and are recognized and trusted by millions of users around the world.
Visit Panda Remit Official Website or Download PandaRemit App, to learn more about remittance info.