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Transaction limits determine which level of KYC/B verification is required based on intended transaction amounts.

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Standard limits

KYC StandardKYB Standard
Per transaction$1,000$100,000
Daily$2,000$500,000
Monthly$5,000$1,000,000
These values determine which verification level applies based on intended transaction amounts. As transaction amounts increase, more stringent verification is required to ensure security and regulatory compliance.
When the relationship occurs directly between Lumx and the beneficiary, operational limits are defined based on the KYB documentation submitted and may vary from the standard limits.

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Requesting higher limits

To request higher transaction limits, you must complete Enhanced KYC/B verification. This process is conducted directly with the Compliance team.

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How to request

Email [email protected] to initiate the process. Recommended subject line: Request for Enhanced KYC/B – Transaction Limit Increase Optionally include your company name for faster identification (e.g., “Request for Enhanced KYC/B – Transaction Limit Increase (Acme Ltd.)”). Estimated review time: Up to 5 business days

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Required documentation

Documents that may be requested include:
  • Proof of Source of Funds – Bank statements, investment records, or sale agreements
  • Proof of Source of Wealth – Income tax returns, salary slips, company dividends
  • Business Activity Description (for legal entities) – Summary of operations, recent contracts or invoices
  • Updated Corporate Documents (for legal entities) – Shareholder registry, updated financial statements
These requirements ensure the secure and compliant handling of higher-volume transactions.