Bank transfers as a payment method

Re:Bank transfers as a payment method by mrb on Saturday November 27, 2021 @02:16AM (#29358253)

The biggest problem with Zelle is the low limits. I cannot send more than $2500/month. One time I paid a contractor about this amount, and then, well, I couldn't use it for a WHOLE month until the limit reset itself...

Very, very annoying. One of the many reasons I prefer crypto currencies. No one restricts me about what I can do with my money

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Re:Bank transfers as a payment method by Symbiote on Saturday November 27, 2021 @07:04AM (#29359537)

For what it's worth, the limit on MobilePay in Denmark is 15,000DKK/day, $2300.

Through the website, transfers with similar speed are limited to 1,000,000DKK a day ($150k).

In person (showing identification at the bank) I don't think there's a limit.

You will note the restrictions apply also to anyone who has successfully stolen your credentials, or is holding you at gunpoint, etc.

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