How to set up limits through an Internet bank or provider
Setting limits is a key way to limit impulsive spending on gambling. Below are specific steps for popular Internet banks and payment providers.
1. General principles for setting limits
1. Limit type selection:
- Daily/weekly/monthly volume of transactions (amount of write-offs).
- Maximum amount per payment.
- Limit the number of transactions (for example, no more than 5 transfers per day).
- 2. The goal: to reduce the available balance for gambling operations and create a technological barrier before re-authorization.
- 3. Automation: limits take effect immediately after saving and apply to any channels (card, Internet bank, mobile application).
2. Setting up in the Internet bank (using the example of popular banks)
PrivatBank (Privat24)
1. Entering Privat24 → "Card Management."
2. Select the desired card → "Limits settings."
3. Install:
- Online Payment Limit (₴/den or ₽/den).
- "Cash withdrawal limit" (if necessary).
- 4. Save - the system will ask for confirmation in SMS.
Monobank
1. Open the Monobank application → the Map tab.
2. Click the gear (️) → "Limits."
3. Toggle the sliders for:
- "Online Shopping"
- "Cash withdrawals"
- "Translations"
- 4. Set the Daily Limit and Monthly Limit.
- 5. Save - limits are activated instantly.
Oschadbank (Web/Mobile)
1. Entrance to Oschad 24/7 → "Cards and accounts."
2. Select a card → Manage Limits.
3. Set up:
- POS/Internet Payment Limit
- Transfer limit to other cards
- 4. Confirm the operation via push notification or SMS.
3. Limits in payment providers and e-wallets
PayPal
1. Login to the site → "Settings" → "Limits and payment."
2. Under "Payment limits" click "Set/change."
3. Specify the maximum amount per month.
4. Save - PayPal automatically blocks over-limit transfers.
Skrill / Neteller
1. In your personal account, select the "Security" → "Account limits" sections.
2. Set a daily and monthly sending limit.
3. Confirm changes via email link or SMS code.
Revolut
1. Open the app → Profile → Limits.
2. In the "Expenses" section, select the type of transaction (online purchases, transfers).
3. Set limits and save.
4. For added protection, turn on Request PIN for each transaction.
4. Additional settings and tips
1. MCC code restriction:
- In banks and wallets with MCC blocking, add code 7995 (casino) to the list. 2. Reauthentication requirement:
- Enable the mandatory PIN/password entry for each transaction in the banking settings. 3. Automatic notifications:
- Enable push notifications for write-offs.
- When you reach the 80% limit, get an SMS or push.
- View your statement weekly: Check your actual spending against your limits. 2. Limit adjustment:
- If you find "left" write-offs or insufficiently strict restrictions, lower the limits. 3. Emergency lockdown:
- If urgently necessary, temporarily disable the card or wallet through the application ("freeze" mode).
- Setting limits through the Internet bank and payment providers gives a technical barrier to impulsive rates. Clearly define the type and size of limits, activate notifications and periodically analyze statements - and you will minimize the risk of uncontrolled expenses.
5. Check and correction
1. Regular monitoring:
Bottom line:
