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UK bank Santander to limit payments to cryptocurrency exchanges to $3,000 in 30 days

2022/11/04 02:02

UK branch of banking giant Santander says in customer notice: "From 15th November 2022 where we identify payments to cryptocurrency exchanges using Mobile and Online Banking, we’ll limit the amount that you can send. These limits are applied per account.
You’ll be restricted to:
a £1,000 limit per transaction,
a total limit of £3,000 in any rolling 30-day period.
You can still get payments from cryptocurrency exchanges into your account.
We’ll be making more changes to limit or prevent payments to crypto exchanges in the future, though we’ll always let you know before we make these changes."
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