Limits and Minimums

What limits and minimums exist on the platform?

What limits and minimums exist on the Cybrid Platform?

Learn about different limits and minimums on the Cybrid Platform.

Limits for US Customers

  • Partners without reserve:
    • Individual customers without SSN:
      • $3k rolling 24-business-hours limit
    • Individual customers with SSN:
      • $5k rolling 24-business-hours limit
      • $15k rolling 7-business-days limit
    • Business customers:
      • $6k per transaction limit
      • $15k rolling 24-business-hours limit
      • $50k rolling 7-business-days limit
  • Partners with reserve:
    • Individual customers without SSN:
      • $3k rolling 24-business-hours limit
    • Individual customers with SSN:
      • $6k per transaction limit
      • $15k rolling 24-business-hours limit
      • $50k rolling 7-business-days limit
    • Business customers:
      • $6k per transaction limit
      • $15k rolling 24-business-hours limit
      • $50k rolling 7-business-days limit
  • Limits are per rail, so fiat transaction limits are independent from crypto transaction limits
  • Also, limits are on a per currency basis, so limits on USDC crypto transactions are independent from limits on USDC_NPL crypto transactions
  • Also, limits are on a per direction basis, so limits on funding deposit transfers are independent from limits on funding withdrawal transfers

Limits for Canadian Customers

  • Partners without reserve:
    • Individual customers without SIN:
      • $5k rolling 24-business-hours limit
      • $15k rolling 7-business-days limit
    • Individual customers with SIN:
      • $5k rolling 24-business-hours limit
      • $15k rolling 7-business-days limit
    • Business customers:
      • $6k per transaction limit
      • $15k rolling 24-business-hours limit
      • $50k rolling 7-business-days limit
  • Partners with reserve:
    • Individual customers without SIN:
      • $5k rolling 24-business-hours limit
      • $15k rolling 7-business-days limit
    • Individual customers with SIN:
      • $6k per transaction limit
      • $15k rolling 24-business-hours limit
      • $50k rolling 7-business-days limit
    • Business customers:
      • $6k per transaction limit
      • $15k rolling 24-business-hours limit
      • $50k rolling 7-business-days limit
  • Limits are per rail, so fiat transaction limits are independent from crypto transaction limits
  • Also, limits are on a per currency basis, so limits on BTC crypto transactions are independent from limits on ETH crypto transactions
  • Also, limits are on a per direction basis, so limits on funding deposit transfers are independent from limits on funding withdrawal transfers

Minimums

  • Deposits from external bank accounts have a $0.50 minimum
  • Crypto trades have a $1.00 minimum, or the minimum to cover associated trading fees
  • Internal book transfers have the following minimum:
    • Fiat: $0.01
    • Crypto: The base unit of the asset (for example, 1 Satoshi for BTC)

ACH Holds

  • ACH Deposits are, by default, held for two business days unless a Partner Reserve has been provided
  • For more details on Reserves and ACH holds, please see our Reserve Account guide

Crypto Custody Period

  • Customer accounts may not hold crypto balances greater than $1000 for more than 48 business hours
  • Cybrid monitors crypto balances on a weekly basis, and alerts partners when any customers have outstanding balance
  • Partners must work with customers to remove the Crypto balance from the platform, either via on-chain withdrawal or conversion to fiat currency

High Net Worth Customers

  • Customers who want to transfer more than our standard limits may apply for increased limits
  • Applying for increase limits requires an Enhanced Due Diligence (EDD) process including, but not limited to:
    • Manual review of KYC
    • Manual review of all transactional history on the platform
    • Occupational details of the customer, including a recent pay stub
    • Documentation from customer declaring Source of Funds (SoF)
      • A description of the origin of the money used as part of a specific transaction, typically including (but not limited to) a bank statement no older than 10 days
      • Sources can include savings accounts, employment income, property sales, inheritances and gifts and other sources approved by compliance
    • Documentation from customer declaring Source of Wealth (SoW) - Required for one or more $50,000 transactions
      • A description of the origin of money the customer has collected over their lifetime, typically including (but not limited to) a bank statement no older than 10 days and investment statement no older than 30 days
      • Examples include investments, business income or ownership, employment income, family inheritances, and other sources approved by compliance
      • Note: SoF and SoW can overlap, however SoW analysis involves deeper investigation into a customers total wealth, and can take longer than SoF verification
  • EDD is a more rigorous review process than a standard KYC / KYB, and may take several days or longer to complete
  • The maximum limit that a customer can obtain is up to $50,000 per day and a maximum of $200,000 per month
  • Cybrid does not support any transactions higher than $50,000 per day
  • All transactions over $6k must be sent via wire transfer to Cybrid