Account transaction and balance limits

ProFee e-Wallets are regulated by the Central Bank of Cyprus. As such, the use of these e-Wallets is bounded by certain rules and regulations. At any given time, each e-Wallet in the Profee system can only have one of the below three categories:
Unverified e-Wallet
Annual limit of 1.000 Euro

User provided:

  • Name, surname
  • Date and place of birth
  • E-mail
  • Citizenship
  • Phone number
  • Residential address
First level of verification
Annual limit of 15.000 Euro

User provided:

  • Name, surname
  • Date and place of birth
  • E-mail
  • Citizenship
  • Phone number
  • Residential address
  • Gender
  • ID info and scan copy
  • Proof of residency
Complete identification
Annual limit of 100.000 Euro

User provided:

  • Name, surname
  • Date and place of birth
  • E-mail
  • Citizenship
  • Phone number
  • Residential address
  • Gender
  • ID info and scan copy
  • Source of funds scan copy
  • Proof of residency