Re: VISA direct transfer limit?
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Hi,
Anyoen knows VISA direct maximum limit per transaction?
I am develop this but I didn't find any solution about that... Please help...
I am not sure this situation depends on acquirer, bank or system for gateway faciliation.
Thanks
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Re: VISA direct transfer limit?
Hi, We are looking into this. Will get back to you shortly.
Thanks,
Jai
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Re: VISA direct transfer limit?
Thanks, looking forward to see your feedbacks!
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Re: VISA direct transfer limit?
Hello @jesususui,
The limit is around 10,000 USD and it can be lifted. I am working on your second part of the question and will get back to you soon.
Thank you,
Vaibhav
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Re: VISA direct transfer limit?
Hi @jesususui,
There is a maximum per transaction limit for OCTs and it depends on the use-case (different for money transfers versus disbursements and variable for domestic/cross-border and by jurisdictions). Issuers can also optionally set limits in Visa systems which are rolling limits (1-day, 7-days, 30-days). Visa enforces a minimum velocity that issuers are required to set in the U.S. and Canada. Acquirers can set limits on OCTs for service providers on the send side as well. AFTs have a maximum rolling limit as well which are Visa’s limits.
Thank you,
Vaibhav
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There is a maximum per transaction limit for OCTs and it depends on the use-case (different for money transfers versus disbursements and variable for domestic/cross-border and by jurisdictions). Issuers can also optionally set limits in Visa systems which are rolling limits (1-day, 7-days, 30-days). Visa enforces a minimum velocity that issuers are required to set in the U.S. and Canada. Acquirers can set limits on OCTs for service providers on the send side as well. AFTs have a maximum rolling limit as well which are Visa’s limits.
Thank you,
Vaibhav
Thank you for sharing article and information. this is very helpful.