Remitly's Remittance Limits: Understanding the Maximum Amount per Month and per Transaction

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As global remittance demand grows, the World Bank predicts that by 2025, funds flowing to low- and middle-income countries will reach $690 billion. Remitly’s transfer limits are not a fixed number. They vary based on your specific circumstances, ranging from a few hundred dollars to tens of thousands of dollars.

Please note: Your final limits are primarily determined by your verification level, the sending and receiving countries, and the payment method. For example, new users in the United States typically have an initial limit of up to $2,999 per day and $10,000 per month.

Key Points

• Remitly’s transfer limits are not fixed; they vary based on your verification level, sending country, and payment method.
• You can increase your transfer limits by providing more identity information and proof of funds.
• Laws and regulations in the sending and receiving countries/regions affect your transfer amounts.
• Using a bank account for payment generally allows higher transfer limits than using a credit card.
• If you need to send large amounts, contact Remitly customer service in advance and prepare the necessary documents.

Remitly Transfer Limits: Core Determining Factors

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You may wonder why Remitly’s transfer limits are not a fixed number. The answer is that Remit Remitly needs to balance user convenience with compliance with global financial regulations. Your limit is a dynamic value, primarily determined by the following three core factors.

Verification Levels and Identity Information

Remitly uses a tiered verification system to manage risk and match you with corresponding transfer limits. The more complete identity information you provide, the higher your trust level and the higher the transfer limit you can obtain. This system is usually divided into three levels:

• Level 1 (Tier 1): This is the initial level you receive after registration. You only need to provide basic personal information to start small transfers.
• Level 2 (Tier 2): When you need higher limits, you can apply to upgrade to this level. You usually need to submit more detailed information.
• Level 3 (Tier 3): This is the highest level, designed for users with large transfer needs. You need to provide additional supporting documents.

Important Note: Users in different countries/regions may have different limits for each level. For example, users in some regions have a daily limit of $999 at Level 1, $6,000 at Level 2, and possibly up to $9,999 at Level 3. These figures are for example only; please be sure to log in to the Remitly app to check your exact limits.

To help you better understand the documents required for each level, please refer to the table below:

Sending and Receiving Countries/Regions

Your transfer limits are also strictly affected by the laws and regulations of your country and the receiving country/region. To comply with international anti-money laundering (AML) regulations, Remitly must set specific limits for different transfer routes.

• Sending Country Regulations: The country from which you send funds determines the base limit. For example, users sending from the United States typically have an initial limit of $2,999 per day and $10,000 per month.
• Receiving Country Regulations: Some countries have caps on the total amount received per day or per month. Countries with stricter financial regulations may have lower transaction limits.

However, under certain conditions, Remitly’s transfer limits can be very high. For example, after providing sufficient documentation, a single transaction sent from the United States can be up to $100,000. This cap also varies by receiving country, for example, transfers to India can reach this amount.

Payment and Receiving Methods

The way you choose to pay for the transfer and how the recipient receives the funds also affects your per-transaction limit.

• Payment Method: Generally, using a bank account (ACH) for payment has higher limits than using a credit or debit card. In some cases, transfers initiated through a bank account may even have no daily limit, which provides great convenience for large transfers.
• Receiving Method: Cash pickup limits are usually lower than bank deposits. The specific pickup limit depends on the partner policies in the receiving country. If you plan to have the recipient pick up a large amount of cash, it is recommended that you confirm the specific limit for that pickup point in the Remitly app before sending.

In summary, Remitly’s transfer limits are a comprehensive result. Understanding these determining factors can help you better plan your transfers.

How to Apply to Increase Your Transfer Limits

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If you find that your current transfer limits cannot meet your needs, don’t worry. Remitly provides a clear and straightforward process to apply for an increase in limits. This process is mainly to verify your identity and source of funds to comply with financial regulations and protect your account security.

Follow these steps to easily submit a limit increase application:

1. Log in to your Remitly account First, please log in to your personal account through the Remitly official website or mobile app.

2. Find the “Increase Limits” entrance After logging in, go to your account settings or profile page. You will usually find an option called “Increase Limits” (Sending limits) or similar here. Click it to start the application process.

3. Select the target level you need The system will display the higher levels you can apply for (for example, upgrading from Level 1 to Level 2). Select the target level you wish to reach based on your transfer needs.

4. Submit documents as required This is the most critical step. To complete verification, you need to submit the corresponding electronic documents as prompted by the system. Usually, two core types of documents are required:

   Identity Document (Government-issued photo ID) You need to provide a valid government-issued photo ID. Acceptable documents usually include:

   • Passport
   • Driver’s license
   • State-issued ID

   Proof of Source of Funds and Purpose To comply with anti-money laundering regulations, Remitly needs to understand your source of funds and the purpose of the transfer. You may need to provide additional documents to prove this, such as recent bank statements or pay stubs, to show that you have legitimate funds for the transfer.

After submitting all required documents, your application is complete. Next, just wait for the Remitly team to review it.

Review Time Reminder Remitly usually completes the review within 24 to 48 hours after you submit the documents. In some cases, approval may be faster. If your application is complex or the receiving country/region has special regulatory requirements, the review time may be longer. Increasing Remitly’s transfer limits is a process worth preparing for in advance.

Limit References for Common Transfer Scenarios

Theoretical limit figures may be somewhat abstract. To give you a clearer understanding of your transfer capabilities, let’s look at two common transfer scenarios. These specific examples can help you better plan your fund transfers.

Sending Money from the United States to China

Sending money from the United States to China is a very common need. If you are a new Remitly user or at the initial verification level, your transfers are usually subject to the following standard limits:

Standard Limit Example:

• Within 24 hours: Up to $2,999 can be sent
• Within 30 days: Cumulative up to $10,000 can be sent
• Within 180 days: Cumulative up to $18,000 can be sent

Please remember that these are base limits. If you need to send more funds, you can apply to increase your account level by submitting additional documents as mentioned in the previous section.

Special Cases for Large Transfers

You may ask, what if you need to send more than ten thousand dollars, such as to pay tuition or a down payment on a property? Remitly’s transfer limits can be very flexible in certain situations.

Although per-transaction limits are usually between $2,999 and $10,000, after completing higher-level identity verification, you have the opportunity to obtain higher limits. In some cases, a single transfer can reach up to $50,000, or even up to $60,000 after providing sufficient documentation and obtaining approval.

To handle such large transfers, you need to proactively communicate with Remitly’s customer service team.

• Contact Methods: You can contact them through the live chat feature in the Remitly app or by calling the official customer service phone number.
• Preparation: Before contacting customer service, it is recommended that you prepare the transaction details in advance, such as the transfer amount, proof of source of funds, etc. This can help the customer service team process your special limit application faster.

Proactive communication is a key step to successfully completing large transfers.

In summary, Remitly’s transfer limits are flexible and personalized. Understanding the determining factors behind them is crucial. The most direct and effective way to increase limits is to complete higher-level identity verification.

Action Suggestion Before planning a large transfer, please be sure to log in to your Remitly account to check your current available limits. If necessary, you can apply for a limit increase in advance or seek help through Remitly’s 24/7 customer service channels (phone, email, or in-app chat).

To give you a more comprehensive understanding of the market, the table below compares the limits of different service providers:

FAQ

Why is my transfer limit different from my friend’s?

Your transfer limit is personalized. It is mainly determined by your verification level, your country, and the laws and regulations of the receiving country/region. Therefore, each user’s limit may be different.

Can I get the maximum transfer limit immediately?

You cannot get the maximum limit immediately. You need to apply to increase your level by submitting additional identity and source of funds documents. Remitly will increase your limit after the review is approved.

What if my limit increase application is rejected?

If your application is rejected, please check whether the documents you submitted are clear, complete, and meet the requirements. You can also directly contact Remitly customer service to ask for the specific reason and get further guidance.

Do transfer limits include fees?

No. Remitly’s transfer limits refer to the principal amount you can send. The fees you need to pay are calculated separately outside of this limit.

Through this thorough breakdown of Remitly’s remittance limits, we’ve highlighted its tiered verification (Tier 1-3) and dynamic caps (up to $100,000 per transfer) for flexibility, effectively tackling fixed ceilings, 24-48 hour review delays, and AML document hassles—ideal for U.S. users sending large family aid or tuition to China/India. Yet, for needs spanning global multi-currency swaps, unlimited transfers, or digital asset links, a more universal, zero-review platform delivers seamless elevation, bypassing Remitly’s $2,999 initial cap and card payment constraints. BiyaPay, the cross-border finance pioneer, enables instant conversions between over 30 fiat currencies and 200+ cryptocurrencies, with built-in real-time exchange rate queries for markup-free, precise transparency and unlimited limits sans tiered checks.

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