Learn about the transfer limits for iink Wallet users, including standard and instant transfer limits.
At iink, we want your transfers to be both simple and secure—that’s why we set daily transfer limits for verified users. By default, your daily outgoing transfer limit is $10,000. This covers any money you transfer to an external bank account from your iink Wallet.
If you reach your daily limit, any additional transaction attempts will be declined until the next day.
Need a higher limit?
If you require more than the standard daily limit, you can request an increase by reaching out to our support team. We’ll review your account based on factors like transaction history and verification status.
Where to check your limit
You can always see how much of your limit you’ve used in the iink app dashboard . If you’re close to the limit and anticipate larger payments, it’s best to request an increase as soon as possible.
Why the limits matter
•Fraud Prevention: Protects against unauthorized activity.
•Account Security: Encourages responsible transaction activity.
•Smooth Experience: Avoids having payments unexpectedly declined.
If you have any questions or need more details on your iink Wallet limits, please contact our success team at success@iink.com. We’re here to help keep your financial transactions moving safely and conveniently.
Frequently Asked Questions
1. Are there any days I can and can't transfer funds?
Instant transfers are available around the clock, every day of the year, including weekends and holidays. In contrast, standard transfers can only be made on business days, similar to the operations of traditional financial institutions.
2. How fast do transfers arrive?
Instant transfers are typically processed within minutes, though actual arrival times may vary based on the receiving bank. Standard transfer times are 1-2 business days.
3. Are there any fees associated with transfers?
Standard transfers are free. A fee of 2% applies for all instant transfers.
4. What should I do if my transaction is declined?
First, check your transfer limits and verification status during the transfer attempt. If everything is in order, contact support@iink.com for further assistance.