How a Deposit Limit Works

A deposit limit works on a fixed period, see below for an explanation.

Our limits work on a net deposit basis, this means that we take your total deposited amount and minus any withdrawals to work out your current allowance. 

See below for an example:

• Monthly limit - £350
• Deposited amount - £200
• Withdrawn - £50

To work out your net position you would then take your £200 (Deposits) - £50 (Withdrawn), this would give you a net position of £150.

In the example above your monthly limit is £350 and then you minus your net position of £150 to get a remaining limit of £200.

Deposit limits will reset at the following intervals:

• Monthly - First to the last day of the month
• Weekly - Monday to Sunday
• Daily - 00:00 to 23:59

Last Updated : 1st October 2024