Money transfer limitations are sometimes annoying, but it is a fact that they put that in place for security. However, the question is, does Chase have a limit on Zelle transactions?
We will find that in a moment.
Money transfer has become one of the most common daily activities in our world today. Two widely known names in this field are Chase bank and Zelle mobile transfer service.
These two allow funds to transfer between them. However, do these funds transfers have limits.
As said already, money has become vital to most of our daily operations, and it is on this that most of our daily happenings vibrate.
This means that if you are short of funds, it becomes really disturbing.
However, much more disturbing is when you cannot transfer money from your account because you have reached your transfer limit.
That means, if you are Chase or Zelle member, it is of essence to know what the transaction limit between Chase bank and Zelle is, provided there is one.
Does Chase Have a Limit On Zelle
Yes, just like many other financial platforms, Chase has a transaction limit on the amount you can send on Zelle. That means that you can’t transfer more than what has been set.
This limit may differ from one user to the other depending on the type of account you are operating; either a Checking account, Private client, or business account.
What Is Chase Transaction Limit on Zelle
With Chase bank, limits are defined on Zelle depending on the account type you are using.
For individuals operating Chase’s Personal Checking account, you can send a maximum of $2000 per day and a maximum of $16000 per month.
For those having Chase Private Client or Chase Business accounts, there is a limit of $5000 per day and a limit of $40000 per month.
These transaction limits apply to your combined account and are susceptible to change.
Do I Need To Be A Chase Customer Before I Can Use Zelle
You don’t necessarily need to be a Chase customer before you can use Zelle. What you need is to have a Chase checking account. This means without creating a personal checking account with Chase; you can’t use Zelle on its platform.
Finally, this guide about “does Chase have a limit on Zelle” ends here.