🚦 What’s the difference between first-party and third-party transactions?
First-party transaction:
You are sending money from your own bank or fintech app to your CLABE on Decaf. It’s your name on both sides of the transfer.
Third-party transaction:
Someone else is sending money to your CLABE on Decaf. This could be a friend, client, employer, or family. Their name is on the sending account, not yours.
Personal accounts
Personal accounts
First-party transactions: No deposit, monthly, or annual limits.
Third-party transactions:
For U.S. residents: Under $4,000 per transaction limit. Transactions above this limit may be rejected unless advance notice is provided.
For non-U.S. residents: Third-party person-to-person payments are permitted for amounts less than $2,000.
Business accounts
Business accounts
First-party transactions: No deposit, monthly, or annual limits.
⚠️ Note that there may be certain volumes/frequencies that trigger our AML alerts and may require review of the payment.
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