Can I exceed the ACH transfer limit when buying cryptocurrencies via Citibank?
SSPPLL89Dec 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.
5 answers
- Dec 26, 2021 · 3 years agoUnfortunately, 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.
- Dec 26, 2021 · 3 years agoNope, 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.
- Dec 26, 2021 · 3 years agoWhen 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.
- Dec 26, 2021 · 3 years agoAs 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.
- Dec 26, 2021 · 3 years agoAccording 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.
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