john donson Posted January 25 Posted January 25 did anyone recently sent money abroad via the K+ app and encounter any problem or limit or worse, transfer cancelled by bank and costs of exchange charged (1 or 2 times) ? is there a safe limit / amount not to trigger any negative interaction ? did you have to prove source of money sent ? just wondering before I try to sent near their limit stated on the app, aka 100.000 USD
timendres Posted January 25 Posted January 25 I have sent money twice from K+ to my CapitalOne account in the US. The limit per day is $50,000 USD, which I never came close to. One transfer was $100 to test the transfer, and the other was $2,000 USD. Both executed in expected time, and the exchange rate was respectable. I honestly cannot remember the fees. I believe I selected "let receiving bank charge me", and the cost was roughly $15. Did not have to provide evidence on the origin of the money. Of course, this was all before the "face ID authentication" business. Not sure if that gets involved for these transfers.
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