How much money is the UK government borrowing, and does it matter? - BBC
How much money is the UK government borrowing, and does it matter?
Zelle is a mobile payment application that enables you to send money electronically from your bank account to the accounts of family members or friends. The benefits of Zelle include that the money can appear in the recipient’s account almost instantly, and you don’t need to bother handling cash or writing a check.
While Zelle is commonly used for purposes like friends splitting a check in a restaurant, it can also be used for sending people larger amounts of money — although banks do impose daily and monthly limits. Here we’ll go over what the Zelle transfer limits are at various banks.
Below are the Zelle transfer limits various banks impose on personal customers. If your financial institution doesn’t offer Zelle, your weekly send limit is $500 when using the Zelle app.
Bank | Daily Zelle transfer limit | Monthly Zelle transfer limit |
---|---|---|
Instant transfers: $2,000Scheduled transfers (up to 3 business days): $5,000 | $10,000 | |
$3,500 | $20,000 | |
$2,500 | Not disclosed | |
$5,000 per transaction | Not disclosed | |
Citibank: Citibank Account, Basic Account, Access Account | $2,500 | $15,000 |
$600 | Not disclosed | |
Per transaction: $500Per day: $1,000 | Not disclosed | |
Instant transfers: $1,000Scheduled transfers (up to 3 business days): $2,500 | Instant transfers: $5,000Scheduled transfers (up to 3 business days): $10,000 | |
$2,000 | $10,000 | |
$1,000 | $10,000 | |
How much money is the UK government borrowing, and does it matter?