What are my funding limits?

Limits depend on your subscription plan. There are no limits on direct deposits. For other limits, please see the tables below:

Starter Plan

Type Amount
ACH Debit (pulling funds from an external account)

$25,000 per day

$100,000 per month

ACH Credit (pushing funds from Sequence to external account)

$25,000 per day

$100,000 per month

Check Deposits

$10,000 per day

$50,000 per month

Debit Card Limits

$5,000 per day

Incoming Wire No limit

 

Pro Plan

Type Amount
ACH Debit (pulling funds from an external account)

$50,000 per day

$250,000 per month

ACH Credit (pushing funds from Sequence to external account)

$50,000 per day

$250,000 per month

Check Deposits

$10,000 per day

$50,000 per month

Debit Card Limits

$10,000 per day

Incoming Wire

No limit


Premium Plan

Type Amount
ACH Debit (pulling funds from an external account)

$500,000 per day

$1,000,000 per month

ACH Credit (pushing funds from Sequence to external account)

$500,00 per day

$1,00,000 per month

Check Deposits

$10,000 per day

$200,000 per month

Debit Card Limits

$20,000 per day

Incoming Wire No limit

 

What does this mean?

An ACH Debit entails pulling funds from an external account into a Sequence Income Source account or Pod. This can also include pulling funds from an external account to send to another external account. The total daily amount cannot exceed up to $25,000 per day and $100,000 per month. 
Ex. You have a rule set to debit(pull) $1,000 from a Wells Fargo account and send to a TD Bank account. 

An ACH Credit entails pushing/sending funds from a Sequence Income Source account or Pod to an external account.
Ex. You receive your direct deposit in a Sequence Income Source account and have a rule set to send funds to an external account(s). You can push/send $25,000 per day. 

If you need to exceed these limits, please contact support at hello@getsequence.io.

Was this article helpful?

0 out of 0 found this helpful
Have more questions? Submit a request

Comments (0 comments)

Please sign in to leave a comment.