Limit levels and validity of the transfers limits in Australia:
Basic - 1,500 AUD for 6 months;
Extended - 7,500 AUD, granted on the basis of an identity document:
- valid for the duration of the submitted identification document;
- renewed automatically every 6 months.
Additionally increased- up to 24,000 AUD, granted on the basis of proof of address;
Maximum - set individually based on the proof of source of income.
As a proof of source of income for the maximum limit:
- you must provide a bank statement for the last 3 months showing your income and transactions made through Paysend;
- transfers to individuals and cash deposits are not eligible.
The additionally increased and maximum limits must be renewed every 6 months by providing up-to-date documents.
Identification documents can be submitted to the support chat or sent to kyc@paysend.com.