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Are there any restrictions on the amount of digital currency I can transfer using Remitly?

avatarAgrim SaksenaDec 17, 2021 · 3 years ago3 answers

What are the limitations on the amount of digital currency that can be transferred using Remitly?

Are there any restrictions on the amount of digital currency I can transfer using Remitly?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When it comes to transferring digital currency using Remitly, there are certain limitations in place. The specific restrictions may vary depending on the country you are sending the currency from and the country you are sending it to. It is important to check Remitly's terms and conditions or contact their customer support for detailed information on the transfer limits.
  • avatarDec 17, 2021 · 3 years ago
    Remitly has implemented transfer limits to ensure compliance with regulatory requirements and prevent fraudulent activities. These limits are typically set to protect both the sender and the recipient. The exact limits may differ based on various factors such as the user's account verification level and the destination country.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, allows users to transfer digital currency without any specific restrictions. However, it is important to note that the recipient's wallet or the destination exchange may have their own limitations or requirements. It is always recommended to check with the recipient or the destination exchange for any restrictions or guidelines before initiating the transfer.