common-close-0
BYDFi
Trade wherever you are!

Can I exceed the ACH transfer limit when buying cryptocurrencies via Citibank?

avatarSSPPLL89Dec 26, 2021 · 3 years ago5 answers

Is it possible to surpass the ACH transfer limit when purchasing cryptocurrencies through Citibank? I want to know if there are any restrictions or if it's possible to go over the limit.

Can I exceed the ACH transfer limit when buying cryptocurrencies via Citibank?

5 answers

  • avatarDec 26, 2021 · 3 years ago
    Unfortunately, Citibank has a set ACH transfer limit for purchasing cryptocurrencies. This limit is in place to ensure the security and stability of the transactions. Exceeding the limit is not possible, as it is designed to prevent any potential risks or fraudulent activities.
  • avatarDec 26, 2021 · 3 years ago
    Nope, you can't go over the ACH transfer limit when buying cryptocurrencies via Citibank. They have strict regulations in place to prevent any unauthorized transactions or potential money laundering. So, make sure you stay within the limit to avoid any issues.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to ACH transfers for buying cryptocurrencies, Citibank follows the industry-standard regulations. The limit is set to protect both the customers and the bank from any potential risks. So, unfortunately, exceeding the limit is not an option.
  • avatarDec 26, 2021 · 3 years ago
    As an expert in the field, I can confirm that Citibank has a strict ACH transfer limit for purchasing cryptocurrencies. It's a measure taken to ensure the safety and security of the transactions. Going beyond the limit is not recommended and may result in transaction failures.
  • avatarDec 26, 2021 · 3 years ago
    According to BYDFi, a leading digital currency exchange, Citibank enforces a specific ACH transfer limit for buying cryptocurrencies. This limit is put in place to comply with regulatory requirements and safeguard the customers' funds. It's important to respect the limit to avoid any potential issues.