Documents valid to increase your Account Limit

To manage and offer an increasingly secure space for you and the financial system, at DolarApp we offer transaction limits based on the proof of income you provide. When you complete your account, the pre-established amount will be established and to increase this limit you will have to share supporting documentation.

Pre-established limits in your DolarApp account

You have a monthly limit, renewable every 1st of the month, of 15,000 digital dollars. These limits work for both incoming and outgoing transactions, i.e., both your uploads and withdrawals will be counted.

For example, if in one month you load 7500 digital dollars, you will have a window to withdraw or transact 7500 more until you increase your limit or wait until the 1st of the following month.

Accepted documents to increase your level

Depending on the country where the account resides, whether it is Mexico, Colombia, or Argentina the accepted documents may vary depending on the activity you perform from which your income comes.

Employed:
1. Colombia: Certificate or labor contract, plus last pay stub or last three pay stubs.
2. Argentina:
  1. In case of working under a dependency relationship: Certificate or labor contract, plus last pay stub or last three pay slips.
  2. In case of being a single-taxpayer: Last three payments of single-taxpayer and proof of category.
  3. In case of being employed abroad: Last 3 VAT Affidavits / IIBB DDJJ (Arba). They must be at least 3, no longer than 18 months, with their respective acknowledgments/presentation letters.
3. Mexico: The last 3 payrolls received stamped in the SAT, or certificate or labor contract, plus the last payroll received.
Retired or Retired:
1. Colombia and Mexico: Legalized pension document.
2. Argentina: Legalized pension document, plus the last three pension receipts.
Own company resources:
1. Colombia and Mexico: Income Tax Return (tax ID), Certificate of Chamber of Commerce (where the share book is evidenced), and Financial Statements.
2. Argentina: Income tax return, company documentation in your name, and shareholder ledger.
Freelancer:
1. Colombia and Mexico: Recent income tax return, employment contract, proof of payment for services; or last three pay stubs.
2. Argentina: Last three pay stubs.
Inheritance or donation:
1. Argentina, Colombia, and Mexico: Legalized document of the inheritance or donation in your name.
Real Estate:
1. Colombia and Mexico: Deed of sale in your name and stamped by a notary public.
2. Argentina: Apostilled deed of sale or purchase deed in your name and stamped by a notary public.
Loans:
1. Argentina, Colombia, and Mexico: valid and legal document linked to the loan or promissory note.
Others:
1. Argentina, Colombia, and Mexico: Relevant legal documents depending on the nature of the income.

Documents that are not accepted to increase your limit

Bank statements or similar,
Crypto arbitrage documents,
Identity documents without any additional supporting documents or documents without signatures,
Invoice relationships without corresponding invoices, Sales documents without supporting transaction receipts (e.g. automotive transfers or real estate sales) or documents of future sales.