How long does it take to recieve a large amount of money?

Declan
Contributor
Contributor

 Hi i have been sent some money it is over 15k and was just wondering how long it takes to recieve it. as i didn't recieve it instantly like normal. (also i am in uk, he is not so he sent money in usd)

 

Thanks in advance

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2 REPLIES 2

snowshoe
Frequent Advisor
Frequent Advisor

Unfortunately there's a cap on the amount of a single transaction - it's $10,000.   If you were to receive $15,000, someone would have to send you two transactions.   Hopefully both your account and the sender's account are "verified" - else both of your will run into issues because of limits and holds.

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Declan
Contributor
Contributor

Well he said he has sent it but i have not recieved it, i also read about a cap on how much you can recieve in a year will this affect it and what will happen if it does?

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