Cash deposit limits
For Personal Accounts
You can deposit between £10 - £500 in total per day and £10,000 annually.
For Business Accounts
You can deposit £5,000 in total per day (minimum £10). If you need to make bigger daily cash deposits for your business, you have the option to review your limit. Just call us on 0330 024 0924 to speak with our team.
Deposits are subject to transaction limits controlled by Post Office branches. For transactions over £2,000, please check directly with the Post Office branch beforehand to make sure they can accept this amount.
We've put limits in place on cash deposits to align with efforts across the banking industry to support the safety and security of funds. Although we realise these limits will affect each person and business differently, we believe it's our duty as a responsible banking provider to follow the best security practices.
FAQs
No, these daily and annual limits only apply to physical cash deposited into Zempler accounts via the Post Office and do not impact payments or transfers to or from your Zempler account.
If you have a personal account, you can deposit a maximum of £10,000 in cash per year. If you go over this limit, our team will get in touch with you. If you’re operating your personal account as a sole trader and need higher cash deposit limits, we have business accounts that may be better suited to your business needs. You can read more about our Zempler business bank accounts here.
If you have a business account and need to make bigger cash deposits than the £5,000 daily limit allows, you have the option to review your limit. If you would like your limit reviewed, please call us on 0330 024 0924.
If you’re using your personal bank account as a sole trader and need higher cash deposit limits, we have business accounts that may be better suited to your business needs.
If you have a business account and need to make bigger cash deposits than the £5,000 daily limit allows, you have the option to review your limit. If you would like your limit reviewed, please call us on 0330 024 0924.
If you opened a personal account before 30 November 2022, your new annual cash deposit limit will run from 30 January 2023 to 31 December 2023. It will then renew every calendar year, so from 1 January 2024 to 31st December 2024), and so on.
If you opened your account after 30 November 2022, your annual limit will renew based on your account start date. For example, if you joined on 1 December 2022, your annual limit would renew on 1 December 2023.
If you have a personal account and have already deposited more than £10,000 in cash via the Post Office within your annual timeframe limit, you shouldn't make any further cash deposits until your annual limit renews. If you try to deposit more cash, our team will be in touch.