What is the difference between a Personal Account and a Business Account?

Choosing the right account for personal and business needs is essential. A personal account can be used for sending money to family, friends and paying personal bills abroad. It’s also a great solution for different forms of personal currency exchange, such as purchasing property abroad, stock trading, travel expenses, tuition fees, etc. With this type of account, users can benefit from an exchange limit of $250k per day and with a $9k daily transfer limit when level 3 verified.

On the other hand, businesses and companies are likely to benefit from a dedicated Business account. This type of account allows business owners to effectively manage their employees’ and vendors' payments worldwide with a daily transfer limit of up to $100k and a daily exchange limit of up to $500k.