X Money allows unlimited transfers between users while setting daily and monthly limits on wires, checks, and card activity

X Money on the X platform permits unlimited transfers between users, @SawyerMerritt reported. Wire transfers are capped at $75,000 per day and $250,000 per 30 days. Check transfers face daily limits of $40,000 and 30-day limits of $75,000.

X Card purchases are limited to $25,000 per day while cash withdrawals from the card are restricted to $2,000 daily. Bank-card deposits into X Money carry no limit. Check deposits are capped at $20,000 per transaction and per day, with a 30-day ceiling of $45,000.

Cash deposits are limited to $990 per day and $4,500 per 30 days. Bank-card withdrawals are restricted to $5,000 daily and $15,000 over 30 days. Check withdrawals are limited to $25,000 per transaction.

Eligible cash held in X Money earns 6% APY with no limit, no required holding period and no minimum balance, the report stated.