X’s payments service, X Money, has disclosed limits for transfers, deposits, withdrawals, and the X Card, with users able to apply for higher limits. According to PANews, the information was shared via a post and screenshots from Sawyer Merritt, an investor focused on Tesla and the electric vehicle sector.
For transfers, wire transfers are capped at $75,000 per day and $250,000 over 30 days, while checks are capped at $40,000 per day and $75,000 over 30 days.
For the X Card, the daily spending limit is $25,000, and the daily cash withdrawal limit is $2,000.
For deposits, bank cards have no limits, while checks are capped at $20,000 per transaction and per day, and $45,000 over 30 days. Cash deposits are capped at $990 per day and $4,500 over 30 days.
For withdrawals, bank cards are capped at $5,000 per day and $15,000 over 30 days, while checks are capped at $25,000 per transaction.