Once weekly limit is reached on receive part how long before can receive again
I reached. My limit to take payment on Apple Pay how long before I can accept pending payments
I reached. My limit to take payment on Apple Pay how long before I can accept pending payments
You can transfer $10,000 per transaction and $20,000 per 7 day rolling period. These are Federal banking regulations designed to help prevent/limit money laundering, terrorism etc.
Once you hit your weekly limit, it’ll be 7 to 8 days from the oldest transaction before you $20,000 limit increases by the amount that is outside the 7 day period.
You can transfer $10,000 per transaction and $20,000 per 7 day rolling period. These are Federal banking regulations designed to help prevent/limit money laundering, terrorism etc.
Once you hit your weekly limit, it’ll be 7 to 8 days from the oldest transaction before you $20,000 limit increases by the amount that is outside the 7 day period.
The dollar limits are above. Monday you you should be able to accept more.
Apple Pay doesn’t have a transaction amount limit. Do you mean your Apple Cash account?
Note that all transactions of $10,000 or combinations that reach $10,000 in a short period of time are reported to the feds. Here is filing information→https://www.irs.gov/newsroom/e-file-form-8300-reporting-of-large-cash-transactions
Yes Apple Cash
Ok so I hit limit on Tuesday i
wont be able to accept pending payments til next Tuesday?
Did you hit your limit all in one transaction or over several days?
days , I got pending Tuesday Wednesday it let me except 1 but yesterday nothing still pending says I reached limit
Ok thank you for your help
You’re welcome. I hope you have a great weekend!
I reach my limit on Wednesday is it another Wednesday before the limit clear
There’s a daily limit and weekly limit, which did you hit?
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Once weekly limit is reached on receive part how long before can receive again