USD Transaction Limit on Palremit and ACH Wires

Can I send USD to another user? Yes. you can send USD to another Palremit User using their paytag/pal ID

Is your USD account free to open

……. C****an I use my business name instead of my personal name on the USD account?

No. We don’t allow usage of business name on the account. Do you accept third-party deposits? Yes we do.

Is open beneficiary payment available?

……

What’s my USD deposit daily limit? Your daily USD deposit limit is $50k.

What’s my USD deposit daily limit from third-party deposits? Your daily USD deposit limit is $50k.

Can I use my USD account to receive $5000 deposit from a friend? Yes, you can receive third-party USD deposits into your account; however, transactions may be subject to verification and compliance checks depending on the amount, sender, and transaction pattern.

What amount can i receive that I won’t need verification?

All transactions are subject to verification and compliance checks.

Can I receive international wire transfer? No. You can receive swift transfer. What’s the timeline of receiving payment

It takes between 1 and 3 days.

What’s the limit on the LEAD bank account and how much can I receive from individual and businesses?

…. What USD bank do you give? We give Lead Bank account.