tip 3 : Amount to exchange
When you make an order, there are some limitations concerning the amount you can exchange daily. That limit depends on :
- the means of payment you're using in that order (for cards it starts at $500 , for wires : $100.000, for digital currencies : unlimited);
- the type of your account;
- and the number of your previous successful orders
Fortunately, these limits are daily; so if you want a larger amount then you just have to make several orders, once a day. Another alternative is to upgrade the type of your account to CGPC and you'll get much higher limits. In order to do so, you have to place an order of at least $3,000 (using a bank wire).
Moreover, these limits will increase automatically each time you complete a purchase order. What we're talking about here is the maximum limit, as there's no minimum limit.
It's important to note that even failed orders diminish your amount limit for that day, so you have to be careful during the order process, especially at the telephone verification step.
Another issue determining your order amount is the "LR incoming fee". For instance: if you want to get $100 LRUSD at your Liberty Reserve account, then we suggest you to make a purchase order for $102 of LRUSD.
So the total amount you should pay is $102 + our fee. That's because Liberty Reserve charges a small incoming fee that is out of our control.
This kind of problem is more frequent with gift cards which amount is fixed so there is no way to pay for other fees such as exchange rate variations between the day the order was placed and the day the card was actually charged, and FX conversion fees charged by banks (sometimes 3% or 4%).
In fact, we bill all Visa and MC transactions in PLN (Polish zlotys) because Dotpay, our card processor, is located in Poland. That's not the case for Amex card and Bank wire orders.
All of that should be taken into consideration otherwise the transaction will be declined.