Daily Limits Table

Transaction Type

Frequency and/or Dollar Limits

Initial Funding Deposit

1 transaction, at the time of Account opening.

Limit $250.

Minimum $50.

Direct deposit*

No limit to the number of transactions per day

No maximum dollar limit

ACH transfer initiated from an external financial institution*

No limit to the number of transactions per day

Maximum of $500,000 per deposit, per day.

Virtual Card *****

Limit to one Virtual Card per Account.

$5,000.00 per day between both your Card and the Virtual Card.

Cash Transfers via GreenDot®

Maximum of 4 loads, for a total of $1,500 per day.

Maximum of 7 loads, for a total of $3,500 per week.

Maximum of 20 loads, for a total of $5,000 per month.

Note: Individual GreenDot locations may impose lower limits on cash transfers.****

Incoming Wire Transfer

No limit to the number of incoming wires transfers per day. No maximum dollar limit

Mobile Check Deposit

No limit to the number of checks per day.

$5.00 minimum check value.

$15,000.00 limit per check.

$15,000.00 limit per rolling 24-hour period.

$50,000.00 limit per rolling 30-day period.

Debit Card Deposit Top-ups**

$500.00 per day.

$5,000.00 per month (rolling 30 days).

This feature is not available to new Accounts and only becomes available 30 consecutive days after Account opening.

Cash Withdrawal (ATM)***

5 transactions per day.

$2000.00 per transaction; up to $2000.00 per day

Card POS Signature/PIN Transactions

No limit to the number of transactions per day

Up to $5,000.00 combined total per day

ACH Debit’s by a third party (Preauthorized Transfers)

No limit to the number of transactions per day.

ACH Payments (Initiated from Account to an external account.)

No limit to the number of transactions per day, up to $10,000.00 per day. Maximum $300,000.00 per calendar month

Wire transfer (Domestic only)

No limit to the number of wires sent per day.
Maximum of $200,000.00 per wire, per day.
Maximum $6,000,000 per rolling 30 day period

Limits may change based on the length of time the Account has been open, transaction history and overall Account standing.

*Direct deposits and ACH transfers: The payee name on any direct deposit(s) or ACH Credit(s) we receive must match the business name on the Account. Any such deposits received in a name other than the name registered to the Account will be returned to the originator.

** A qualifying transfer must originate from an external debit card account owned by Customer. Only one (1) debit card may be designated for Debit Card Deposit Top-ups.

Please Note: ATM deposits are not available.

*** ATM Owner-Operators, merchants and participating banks may impose their own fees and lower limits on cash withdrawals.

**** Cash Transfer limits and fees via GreenDot® are determined by the participating retail partner, and may vary by location.

*****Where applicable, the same transaction limitations as stated above in Section C “Transaction Limits” apply to Virtual Cards.

NorthOne is a financial technology company, and not a bank.

Banking services are provided by The Bancorp Bank; N.A., Member FDIC.

The NorthOne Mastercard® Small Business Debit Card is issued by The Bancorp Bank, pursuant to license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

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