X Money, the payment service of the X platform, has introduced new limits for transfers, deposits, withdrawals, and the X Card, as revealed by investor Sawyer Merritt. Users can apply for higher limits if needed. Wire transfers are capped at $75,000 daily and $250,000 over 30 days, while checks are limited to $40,000 daily and $75,000 over 30 days. The X Card allows for a daily spending limit of $25,000 and a cash withdrawal limit of $2,000.
For deposits, bank card deposits remain unlimited, but checks are restricted to $20,000 per transaction and daily, with a 30-day cap of $45,000. Cash deposits are limited to $990 daily and $4,500 over 30 days. Withdrawals via bank card are capped at $5,000 daily and $15,000 over 30 days, with checks having a per-transaction limit of $25,000. Additionally, X Money offers a 6% annual yield on eligible balances without any upper limit, lock-up period, or minimum balance requirement.
X Money Sets New Limits for Transfers, Deposits, and X Card Usage
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