Tide Logo
Features

Business Tools

Credit

Company

Support

Offers

Tide Logo
Tide Logo
Tide Logo


Bank Transfer

What are the different types of Limits, and where can I see mine?

We have different Account Limits in place to protect our members and stay compliant with regulations. 

To check your limits, just tap ‘Payments’ > ‘Details’ > ‘Limits’, in the Tide app.

These limits include:

  • Monthly transfer limits There’s a limit to how much money you can send via bank transfers, in a month from all your Tide accounts combined.

If the amount transferred from your main Tide business account exceeds the monthly transfer limit, you won’t be able to make outbound transfers for the remainder of the month.

You can see your monthly transaction limits by going to ‘Payments’ > ‘Details’ > ‘Limits’, in the Tide app, or while you’re setting up a payment - they’re displayed right below the ‘transaction amount’ box.

  • Per-transaction limits If you make a transfer to another account, and it exceeds your per-transaction limit, you won’t be able to proceed with the payment. If you need to make a payment above this limit, you must request a limit increase.

  • New Payee limits When you add a new payee, you can pay them 50,000 only within the first 24 hours. This is a security measure. Remember, when adding a new payee, make sure you’ve verified their identity.

We understand that this time limit may be frustrating, but maintaining your account security is our top priority, and this extra layer of protection is a vital part of our mission to keep you and your money safe.

This time limit will only affect new payees, and will not apply to any of your existing payees. After the time limit, you will be able to pay them immediately at any time in the future.

Did you find this information useful?

Related articles

Tide | Do what you love.
  • null
  • null
  • null
  • null
This website is provided to you by Tide Platform Private Limited, part of the Tide Group. Tide is not a bank and does not hold or claim to hold a banking license. Tide is a business financial platform and the leading digital challenger in business banking services. We believe that a platform approach is the future of business banking, allowing us to offer both financial and admin services to Small and Medium Enterprises, saving them time (and money) to allow them to focus on what they love: running their businesses. *Group Insurance may be offered as part of services offered by our engaged partners. Tide, the Tide logo, the Swell, and Do less banking are trademarks and trade names of the Tide Group, and may not be used or reproduced without the consent of the owner.