Thresholds for KYC2

As a regulated payment institution, Lemonway must implement measures to limit the risks of:

  • Fraud related to payments
  • Anti-money laundering and combating the financing of terrorism ("AML-CFT")


Our Financial Security and Payments teams, backed by their experience in the various sectors that we cover (Product & Service Marketplaces and Financial Marketplaces), have defined payment thresholds in order to investigate any abnormal transaction taking place on the platforms of our partners.

Lemonway reserves the right to apply higher or lower thresholds if necessary, upon a partner's duly justified request or in the event, in particular, of a major fraud on a partner's platform.

 

The default thresholds applicable to all our partners are the following:

👉  Thresholds gift/nest egg

👉  Thresholds Crowdfunding (Loan/Investment)

👉  Thresholds Marketplace

👉  Thresholds Invoice Trading

👉  Thresholds by Payment Method

 

Thresholds gift/nest egg

FREQUENCY

TYPE

NUMBER OF OPERATIONS / AMOUNT

PER 24 HOUR PERIOD

MONEY-IN

5,000 / €100,000

MONEY-OUT

10 / €100,000

PER MONTH

MONEY-IN & P2P RECEIVED

€250,000

MONEY-OUT

€250,000

PER YEAR

MONEY-IN & P2P RECEIVED

N/A

MONEY-OUT

N/A

 

Thresholds Crowdfunding (Loan/Investment)

FREQUENCY

TYPE

NUMBER OF OPERATIONS / AMOUNT

PER 24 HOUR PERIOD

MONEY-IN

50 / €250,000

MONEY-OUT

10 / €250,000

PER MONTH

MONEY-IN & P2P RECEIVED

€2,500,000

MONEY-OUT

€2,500,000

PER YEAR

MONEY-IN & P2P RECEIVED

N/A

MONEY-OUT

N/A

 

Thresholds Marketplace

FREQUENCY

TYPE

NUMBER OF OPERATIONS / AMOUNT

PER 24 HOUR PERIOD

MONEY-IN

5,000 / €250,000

MONEY-OUT

5,000 / €250,000

PER MONTH

MONEY-IN & P2P RECEIVED

€2,000,000

MONEY-OUT

€2,000,000

PER YEAR

MONEY-IN & P2P RECEIVED

N/A

MONEY-OUT

N/A

 

Thresholds Invoice Trading

FREQUENCY

TYPE

NUMBER OF OPERATIONS / AMOUNT

PER 24 HOUR PERIOD

MONEY-IN

10 / €5,000,000

MONEY-OUT

10 / €5,000,000

PER MONTH

MONEY-IN & P2P RECEIVED

€5,000,000

MONEY-OUT

€5,000,000

PER YEAR

MONEY-IN & P2P RECEIVED

N/A

MONEY-OUT

N/A

 

Thresholds by Payment Method

TRANSACTION

TYPE

AMOUNT

MONEY-IN

CARD

€1,500

MONEY-IN

INCOMING TRANSFER

€100,000

MONEY-IN

CHEQUE

€30,000

MONEY-OUT

N/A

€30,000

 

You can view your thresholds in the dashboard.

  1. From the Dashboard, click My account (SC).

  2. Click Thresholds.

👀 Look for the Registered, KYC2 line.

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