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Understanding M2 Account Limit
M2 account limit refers to the maximum amount set for deposits and withdrawals on your M2 account. This limit is assigned to ensure security, manage risk, and comply with regulatory requirements.
How to check your account limit:
1. Click on the Profile icon located at the right top corner of your account.
2. Navigate to the Verification tab and click on it.
3. You will be able to view your account limits for Deposit and Withdrawal.
How M2 Account Limit Works
Update Frequency: The account limit is recalculated every 30 days (starting from your first transaction), considering the sum of all transactions during that period.
Please note that each transaction you make—a deposit or a withdrawal—affects your account limit. The exact amount of each transaction contributes to the ongoing calculation of your account limit.
The account limit serves to manage and control the flow of funds in and out of your M2 account, ensuring financial security and adherence to regulations.
How to increase your account limit?
To increase your account limit with M2, contact your Relationship Manager and we'll take care of the rest. Your Relationship Manager will ask for Proof of funds as this process helps ensure security, compliance, and a smooth experience for all users.
Disclaimer:
It is highly recommended to conduct thorough research prior to making any financial decisions. Please note that this article's purpose is solely for educational purposes and the author and the organization, M2, do not influence the reader's investment or trading choices.
Kareem comes with 19 years experience in Operations and Customer experience with extensive global exposure in various fields and fintech. In 2019 Kareem discovers the crypto world in depth and becomes an enthusiast while he believes crypto is the future and financial freedom. Joined M2 in 2022 and is leading the Global Customer Experience for the exchange.
