Why does the application say I have reached my limit or unable to move money?

To ensure the financial security of all our users and to comply with the law, there are certain restrictions on your transactions. This may be for one of the following reasons: 

You cannot add funds to your Beem account if

• it has happened
  • more than 2 times in last 24 hrs
  • more than 10 times in last 7 days
  • more than 15 times in last 30 days

• amount added or received cumulatively is
  • more than $1000 in 24hrs
  • more than $6,000 in 30 days
  • more than $2,500 in 7 days

• Avg. transaction size per funding exceeds $500