Received this from HSBC today. They are very scared!!

Our new payment limits

From August 2023, we’re limiting the value of payments you can send to cryptocurrency exchanges using:

• your debit card
• our digital banking services (Online & Mobile Banking)
• our branch & contact centres

We will apply the following limits: 

• Payments – £2,500 for a single payment and a total payment limit of £10,000 in any rolling 30-day period

• Debit cards – £2,500 for a single card payment and a total card payment limit of £10,000 in any rolling 30-day period

These limits are applied per customer with transaction values monitored over a 30-day rolling period. You can still receive payments from cryptocurrency exchanges into your account.

Submitted August 08, 2023 at 02:27AM by pisscat101 https://ift.tt/XYora9i