Transactions description | Daily or Monthly | Limit | Hold Period |
ATM Withdrawal with your debit card | Daily | $500 | N/A |
Debit card transactions | Daily | $2,000 | N/A |
Transactions out of your Envel account (any Envelope) via ACH debit | N/A | No limit | Depends on the receiving bank account |
Pull money (i.e. via Plaid) from your external account into your Envel account (ACH Pull) | Daily | $1,500 | 3 Days |
Push money from an external account into your Envel Account (i.e. direct deposits, paychecks etc.) | N/A | No limit | No |
Transfers between Envel users | Daily | $1,500 | No |
If you have any questions, please send an email to support@envel.ai