Limits and validity of the transfers limits in Canada

After you create a Paysend account, your sending limit is 1000 CAD per month.

You have the option to submit your ID in your 'Profile' -> 'Limits' menu to increase the limit to 10 000 CAD per month. It will be automatically renewed every month for as long as your ID is valid.

You can further increase the monthly limit up to 40 000 CAD once you verify your source of funds. To do that, please answer the short questionnaire:

1. your income type and the name of the company where you are employed
2. your average income per month
3. the purpose of your Paysend transfers
4. how much you expect to transfer with Paysend per month.

You can submit your answers and documents via online chat or by emailing [email protected]. Additional information may sometimes be requested.