Transfer Limits for Latin America Currencies

2023-01-11 02:45

To enhance security in your operations, we have updated the monthly limits for deposit/withdrawal MXN in Binance.

Please note that the new limits will apply from the first day of the month in which they are implemented and will consider the purchases made with fiat currency during that month. If you exceed the new monthly limit, don’t worry, you can increase your limit by completing the next verification level at [Plus Verification]. If you choose not to complete this level, you can continue buying crypto in the following month according to the monthly limits.

Deposit/Withdrawal Limits via Bank Transfer:

Monthly Limit

Level 1

Level 2

Level 3

Deposit: 5,000 USD monthly*

Deposit: 15,000 USD monthly*

Deposit: 40,000 USD monthly*

Withdrawal: 10,000 USD monthly

Withdrawal: 30,000 USD monthly

Withdrawal: 80,000 USD monthly

*The limits are equivalent to the exchange rate of the local currency (MXN - Mexican pesos).

How to Deposit MXN (Mexican Pesos) in Binance?

You can make purchases via bank transfer. To learn more, visit How to Buy Crypto on Binance via Inswitch.

When should I complete the transfer after creating a purchase order?

You must pay within 48 hours after creating the purchase request. After that time, your order will expire.

When will the fiat limits be renewed?

The fiat limits are renewed on the first day of each month (January 1, February 1, etc.).

Can I pay from any bank account?

You can make the transfer from any of your accounts at a Mexican bank. The account holder's name and taxpayer number must match the name you used for identity verification in Binance.

Binance does not authorize payments with bank details that belong to third parties.

In case of issues with my transfer, when will I be refunded?

If you have any problems with the transfer, please consult your bank.

Who can use this channel?

Individual users who have passed identity verification (KYC).

How can I increase my limits?

You can increase the monthly limits to buy crypto once you have completed the identification process to access the next verification level. Learn how to verify your address in Binance as well.

I executed a transaction to deposit MXN and haven't been credited.

Some transactions may take longer to process. You can contact our support team via chat for assistance.

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