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.
Full details on limits are listed below:
Daily limits for money going into your Found account:
Direct deposits: No limit
Wire transfers: No limit
Transfers from payment apps (like PayPal or Cash App): No limit
Weekly limits for money going into your Found account:
Check deposits: $3,000/week
Cash deposits: $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: $5,000
ATM withdrawals: $550
Found card purchases and transfers to payment apps: $4,000
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 Get more information.
On mobile, tap your name or business log in the top-left corner and choose Business Banking from the menu. Tap Account limits and then the limit increase icon in the top-right corner.
*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 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.