USD Receiving Limits and Rules

📊 Exact fees (ACH, Wire): see the Complete Picnic fee table, US Dollars (USD) section. This article covers the review thresholds and ownership rules.

Amounts without extra review

USD deposits are processed by our partner Noah. Up to the amounts below, your deposit goes through normally, with no documents requested:

• Accounts in your name or a family member's: up to US$ 10,000 per transaction.
• Third-party accounts: up to US$ 5,000 per transaction (see the third-party rules below).
• Monthly total: up to US$ 20,000, adding up all deposits.

What if I want to deposit more?

You can. These amounts are not a cap. Above them, the deposit goes through a security review:

1. The deposit is held for review and does not show in your balance yet.
2. Noah's compliance team contacts you and asks for proof of source of funds (for example: bank statement, payslip, sale agreement or tax return).
3. Once the documents are approved, the amount is released to your Picnic balance.

Important: if the documents are not sent within 10 days, the deposit is rejected and returned to the sending account.

Tip: if you are planning a large deposit, get the proof ready before you transfer. It speeds up the release.

Who can send me dollars?

• Accounts in your name at other US banks or global platforms (Wise, Revolut, etc.).
• Family members.
• Third parties (individuals):
  • If you live outside the US: accepted, up to US$ 5,000 per transaction without extra review.
  • If you live in the US: third parties are only accepted if they are registered businesses sending from a US business account.
• Businesses (legal entities): yes, you can receive payments from companies directly into your balance.

International transfers (Wire from outside the US, SWIFT) are not accepted.