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What are the account limits and clearing periods?

ACH Debits/Pulling funds into Currence (ex. Reservoir Funding, Income Movements):

  • Daily Limit - $50K

  • Monthly Limit - $500K

  • Clearing Period - 3 business days (with a cutoff at 3PM ET to initiate)

ACH Credits/Pushing funds to an external account (ex. Spending):

  • Daily Limit - $500K

  • Monthly Limit - $1mm

  • Clearing Period - No clearing period (If the transaction is initiated before 3PM ET, the funds will post in the external account next business day, if the transaction is made after 3PM ET, it will post in the external account the following business day.)

Mobile Check Deposit:

  • Daily Limit - $50K

  • Monthly Limit - $500K

  • Clearing Period - 3-5 business days

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