Yes. Withdrawal limits may apply depending on the security method enabled on the account.
Clients who use the Secure Login System may have higher withdrawal limits than clients who do not use an enhanced security method. The maximum amount that can be withdrawn or transferred over a one-day or five-business-day period depends on the protective value of the security device or authentication method used. Current withdrawal limits include: - No security device: up to USD 50,000 per day and USD 100,000 over 5 business days. - SMS authentication: up to USD 200,000 per day and USD 600,000 over 5 business days. - MEXEM Mobile Authentication: up to USD 200,000 per day and USD 600,000 over 5 business days. Additional restrictions may still apply depending on the account, withdrawal method, available settled cash, recent deposits, bank instructions, security review or other operational controls. Clients who need to withdraw an amount above their current limit may contact MEXEM Client Services to request an exceptional withdrawal review.
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