Volet

Limits

• •Internal transfers between Volet users: unverified accounts are limited to 100 USD per transaction, 250 USD per day, and 999 USD per month; verified accounts can send and receive up to 49,999 USD per day and 299,999 USD per month combined.
• •For external transfers (SWIFT, SEPA, local bank transfer), Volet does not publish fixed limits upfront; each deposit or withdrawal method has its own limit, shown at the time of the transaction.
• •Card limits shown are for the Europe card at the verified tier. Unverified accounts on the same card have much lower limits: a 150 EUR/USD lifetime card-funding limit (one transaction only), 150 EUR/USD daily POS and ATM limits, and a 150 EUR/USD maximum card balance.
• •Additional Europe card limits at the verified tier: card funding up to 5,000 EUR/USD per day (8 transactions), 20,000 EUR/USD per month, and 80,000 EUR/USD per year; ATM withdrawals up to 80,000 EUR/USD per year; maximum card balance 20,000 EUR/USD.

Payments & transfers

• •The list of countries with local bank transfer deposit support applies only to a specific top-up channel (via a third-party partner) that converts local currency into the USD wallet balance. It is not a general list of countries Volet can send or receive SWIFT/SEPA transfers with.
• •SEPA deposits to a business account require additional pre-verification: an incorporation document no older than 3 years (or a recent register extract, Certificate of Good Standing, or Certificate of Incumbency), a company affiliation document no older than 1 year for non-European companies, and a bank statement no older than 3 months showing the company's name, address and IBAN. Transfers are not accepted from offshore bank accounts.
• •Business onlySEPA deposits to a business account require pre-verification: an incorporation document no older than 3 years (or a recent register extract, Certificate of Good Standing, or Certificate of Incumbency), a company affiliation document no older than 1 year for non-European companies, and a bank statement no older than 3 months showing the company's name, address and IBAN. Transfers are not accepted from offshore bank accounts.

Opening an account

• •Personal only · living in GBVerification requests from consumers resident in the UK are currently not accepted, due to recent changes in UK crypto-asset legislation. The company states service will resume once the required regulatory permission is obtained.
• •Business account verification requires a certificate of incorporation, the account holder's passport, and a document linking the company to the account holder; information on beneficial owners and the CEO/General Director is also required if the account holder is only a representative.

Countries & residency

• •A separate Canadian entity (Queensland Foreign Exchange Inc., FINTRAC-registered as a Money Services Business) applies only to customers resident in Canada.

Licence & regulation

• •Volet's default entity for non-Canadian customers, Second February Limitada (Costa Rica), does not disclose any financial license or regulator in its Terms and Conditions or AML Policy.
• •Marketing material claims the company operates through partner licenses including an Electronic Money Institution partnership in the EU, but does not name the partner or a license number, and this claim does not appear in the binding legal terms.
• •No deposit protection scheme (such as the UK's FSCS) is mentioned in any source.