Thresholds for KYC2

As a regulated payment institution, Lemonway must implement measures to limit the risks of:

• Fraud related to payments
• Anti-money laundering and combating the financing of terrorism ("AML-CFT")

Our Financial Security and Payments teams, backed by their experience in the various sectors that we cover (Product & Service Marketplaces and Financial Marketplaces), have defined payment thresholds in order to investigate any abnormal transactions taking place on the platforms of our partners.

A threshold refers to a number of transactions or a transaction amount, per transaction or accumulated over a period, on a type of payment account for recording transactions. Once the thresholds are exceeded, the transactions will be blocked.

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Please note

Lemonway reserves the right to apply higher or lower thresholds if necessary, upon a partner's duly justified request or in the event, in particular, of a major fraud on a partner's platform.

The thresholds are applied by default to all our partners, depending on the type of activity (gift/nest egg, crowdfunding, marketplace, invoice trading, etc.) and the contractual provisions established by both parties in view of the implementation process.

You can view your thresholds in the dashboard:

• From the Dashboard, click My account (SC).
• Click on the Thresholds tab.

👀 Look for the Registered, KYC2 line.