NatWest limits crypto payments

Digital Reinvention
Q+
22/03/2023 News

NatWest is increasing customer protection against crypto-criminals after £329m was lost by consumers last year.

A daily limit of £1000 and a 30-day payment limit of £5000 to cryptocurrency exchanges is being implemented to help protect customers losing life changing sums of money.

Cryptocurrency investments are often made through legitimate exchange platforms. These websites let customers buy, sell or exchange cryptocurrencies for other digital currency or traditional currency.

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