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Are there deposit or transaction limits?

Are there deposit or transaction limits?

Found accounts have limits in place for your protection. Different limits apply for different kinds of deposits or transactions, both to and from your Found account. The limits are cumulative, and daily limits will reset at midnight PST.

There are no limits on the amount you can receive into your Found account through direct deposits, bank transfers (ACH), wire transfers, or transfers from payment apps like PayPal or Cash App. Deposits may be briefly held for review at our sole discretion.

Full details on limits are listed below:

Weekly limits for money going into your Found account:

  • Check deposits: $3,000/week

  • Cash deposits: $2,000/week

  • Transfers from a linked debit card: $2,000/week

Monthly limits for money going into your Found account:

  • Cash deposits: $4,000 every 30 days.

Daily limits for money going out of your Found account:

  • Transfers to a linked bank account: No limit*

  • Payments sent from Found: No limit*

  • ATM withdrawals: $550

  • Card purchases and transfers to payment apps: $5,000

  • Transfers to a linked debit card: $4,000

*Transfers to linked bank accounts and payments sent from Found may require some additional verification steps before they are approved and submitted.

Need to adjust these limits?

If you need a boost to one of the above limits, you may qualify for a limit increase. You're able to request a limit increase through your Found account. To view your eligibility and adjust your limits, follow these directions:

  • On desktop, Click your name or business logo in the top-right corner and choose Business Banking from the menu. Under Account limits, click Request a limit increase.

  • On mobile, tap your name or business logo in the top-left corner and choose Business Banking from the menu. Tap Account limits and then tap the limit increase icon in the top-right corner.\

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*Found is a financial technology company, not a bank. Banking services are provided by Piermont Bank, Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category.

The Found Mastercard Business debit card is issued by Piermont Bank pursuant to a license from Mastercard Inc.

The information on this website is not intended to provide, and should not be relied on, for tax advice.

**Direct deposit funds may be available for use for up to two days before the scheduled payment date. Early availability is not guaranteed.

Found partners with various providers to enable you to compare offers from participating institutions, such as lending, filing service, and insurance providers. Found is not a lender, a filing service, nor an insurance provider.

This website contains advertisement of Found and third party products and services.