1. Two Types of Bank Deposits
✅ First-party deposits (recommended)
These are transfers sent from a bank account in your own name, matching your verified identity.
Limits
No per-transaction limit
No monthly limit
No yearly limit
This is the best option for larger or recurring deposits.
⚠️ Third-party deposits
These are transfers sent from an account not in your name (for example, a friend, family member, or business account).
Limits
$4,000 per transaction
Additional restrictions may apply depending on the sender
If you need to deposit more than $4,000, use a first-party bank account.
2. KYC & Terms Requirements
To access bank deposits, all users must:
Accept Solid’s Terms of Service
Complete KYC (individual users) or KYB (business accounts)
Without verification, bank deposit rails are not available.
3. Payment Rail Availability (Why Limits Can Differ)
Bank deposits run on different payment rails depending on your country and setup, such as:
SEPA
FPS
PIX
ACH / wire equivalents
Access to each rail is controlled by customer endorsements, which determine:
Which rails you can use
Applicable transaction rules
Eligibility based on region and verification
Not all rails are available to all users.
4. Why You Might See a Limit
You may encounter a limit if:
The transfer comes from a third-party account
The payment rail used has specific transaction caps
The sender does not meet eligibility requirements
Your account has not completed KYC/KYB
5. Best Practices
To avoid issues:
Use a bank account in your own name
Complete KYC before depositing
Start with a smaller test transfer if unsure
Follow the in-app deposit instructions closely
Summary
First-party bank deposits → No limits
Third-party deposits → $4,000 per transaction
KYC/KYB required for all bank deposits
Limits depend on sender, rail, and verification status
If you’re unsure which option applies to you, check the Deposit section in the app or contact support before sending funds.