The limit of your card depends on the type of plan you've chosen upon opening your Finom Business Account.
If you want to compare the available plans, please visit the dedicated page.
However, depending on the limit set for your plan, you can also set your own limits for each card you have, both for withdrawals and payments. This can be a useful feature, for example, if you issue a card for one of your employees, and you want to monitor and limit their expenses.
To set up custom limits for each card, you first need to select the card in question from the Cards section, which you can access from your main dashboard.
Next, click on "Limits & settings".
From here, in the card limits section, you will find the summary of your current limits, and of the amount already spent. To change these limits, first click on the limit amounts highlighted in blue (in the below example, this is 60.000€ or 2.000€).
By clicking on the amount, you will have access to the options required to update the limits. It doesn't matter if you click on payment or withdrawal, in both cases, you will have the chance to modify the limits in the same tab, for one or both of them.
By clicking on the box, you can select an amount from the dropdown list, or you can type your own custom amount manually.
Remember: the limit you will choose must be within the maximum amount allowed by your plan.
When the new limit is set, click on "Save".
To confirm the change we will send a code through your Finom app. Insert the 6 digit code to confirm the change.
Congrats! You've successfully changed your limits.
*Please note: the procedure works in the same way both for payment and withdrawal limits.