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Net Deposit Limits (Set by you)

Freya avatar
Written by Freya
Updated over 2 weeks ago

What is a Net Deposit Limit?

A net deposit limit tracks the total amount you’ve deposited minus any money you’ve withdrawn. You can set this yourself to help you manage how much money goes into your account over time.

This limit is flexible:

  • You can decrease (make less restrictive) it at any time and the change is immediate

  • You can increase (make it more restrictive) it, but there’s a 24-hour confirmation delay before the change takes effect

How It Works

Example:

You deposit £200 on July 1st and £300 on July 2nd, bringing your total deposits to £500. You then withdraw £500 on July 5th, resetting your net deposit to £0.

Because your net deposit is within your £500/month limit, you can still deposit up to £500 again.

If you then deposit another £500 on July 6th and lose it, your net deposit is now £500 again — meaning you can’t deposit more unless you withdraw additional funds or the monthly limit resets.

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