The account levels relate to the limits of your deposits and withdrawals in Euro. Increasing your Account Level gives you higher limits of deposits and withdrawals in Euros, both on the single operation and annually.
Level 1 is compulsory and is unlocked by completing the Identity Verification.
To further increase your account limits, select your desired level from your Profile to find out what documentation is needed.
Level | Single transfer limit | Yearly limit | Document needed |
Level 1 | €4,000 | €25,000 | Unlocked by completing the ID verification |
Level 2 | €8,000 | €50,000 | Recent bank statement, utility bill or certificate of residence, must be issued within the last 3 months |
Level 3 | €30,000 | €200,000 | Tax return and questionnaire |
Level 4 | €60,000 | €200,000 | Recorded call |
Further Levels | - | - | Contact kyc@youngplatform.com for information |