There are three levels of Profee accounts: “Basic”, “Plus” and “Premium”. Stepping up a level gives you higher limits and more functionalities.
All account levels are offered for free. In order to upgrade your level, you have to provide us with additional information.
The “Basic” level is available upon registration, thus giving you the opportunity to try our service. immediately after creating your account online.A “Basic” level will give you a spending limit within Profee of €150 (or the equivalent currency) per month.
In order to upgrade your account to “Plus”, we need you to confirm your personal data. When applying for an upgrade, you are required to submit documents to support your identity and address. By having a “Plus” level of account, you are eligible to issue a Prepaid Digital card, which is directly linked to your wallet. At the same time, a “Plus” account will give you access to more Profee functions limited to an annual limit of €15 000 (or the equivalent currency).
For the “Premium” level, you have to additionally provide us with information on the source of your funds.
You can learn more here.