diff --git a/support-payment-api/src/main/scala/model/Currency.scala b/support-payment-api/src/main/scala/model/Currency.scala
index 61b214d58f..23cde2b367 100644
--- a/support-payment-api/src/main/scala/model/Currency.scala
+++ b/support-payment-api/src/main/scala/model/Currency.scala
@@ -4,6 +4,10 @@ import enumeratum.{CirceEnum, Enum, EnumEntry}
 
 import scala.collection.immutable.IndexedSeq
 
+case class Range(min: BigDecimal, max: BigDecimal) {
+  def contains(amount: BigDecimal): Boolean = (amount >= min) && (amount <= max)
+}
+
 // Models currencies supported by the API
 sealed trait Currency extends EnumEntry
 
@@ -23,13 +27,16 @@ object Currency extends Enum[Currency] with CirceEnum[Currency] {
 
   case object NZD extends Currency
 
-  def exceedsMaxAmount(amount: BigDecimal, currency: Currency): Boolean = {
-    val maxAmount = currency match {
-      case AUD => 16000
-      case USD => 10000
-      case _ => 2000
-    }
+  def isAmountOutOfBounds(amount: BigDecimal, currency: Currency): Boolean = {
     // Users can opt in to add 4% to cover the transaction cost
-    amount > maxAmount * 1.04
+    val transactionCostAsPercentage = 1.04
+
+    val currencyRange = currency match {
+      case AUD => Range(min = 1, max = 16000 * transactionCostAsPercentage)
+      case USD => Range(min = 1, max = 10000 * transactionCostAsPercentage)
+      case _ => Range(min = 1, max = 2000 * transactionCostAsPercentage)
+    }
+
+    !currencyRange.contains(amount)
   }
 }
diff --git a/support-payment-api/src/main/scala/services/PaypalService.scala b/support-payment-api/src/main/scala/services/PaypalService.scala
index d2f705ea89..8de5d88c39 100644
--- a/support-payment-api/src/main/scala/services/PaypalService.scala
+++ b/support-payment-api/src/main/scala/services/PaypalService.scala
@@ -25,8 +25,8 @@ trait Paypal {
 class PaypalService(config: PaypalConfig)(implicit pool: PaypalThreadPool) extends Paypal with StrictLogging {
 
   def createPayment(createPaypalPaymentData: CreatePaypalPaymentData): PaypalResult[Payment] = {
-    if (model.Currency.exceedsMaxAmount(createPaypalPaymentData.amount, createPaypalPaymentData.currency)) {
-      Left(PaypalApiError.fromString("Amount exceeds the maximum allowed ")).toEitherT[Future]
+    if (model.Currency.isAmountOutOfBounds(createPaypalPaymentData.amount, createPaypalPaymentData.currency)) {
+      Left(PaypalApiError.fromString("Amount is outside the allowed range ")).toEitherT[Future]
     } else {
       Either
         .catchNonFatal {
diff --git a/support-payment-api/src/main/scala/services/StripeService.scala b/support-payment-api/src/main/scala/services/StripeService.scala
index 754dd831b6..375e143a45 100644
--- a/support-payment-api/src/main/scala/services/StripeService.scala
+++ b/support-payment-api/src/main/scala/services/StripeService.scala
@@ -45,8 +45,8 @@ class SingleAccountStripeService(config: StripeAccountConfig)(implicit pool: Str
     ).asJava
 
   def createCharge(data: LegacyStripeChargeRequest): EitherT[Future, StripeApiError, Charge] = {
-    if (model.Currency.exceedsMaxAmount(data.paymentData.amount, data.paymentData.currency)) {
-      Left(StripeApiError.fromString("Amount exceeds the maximum allowed ", Some(config.publicKey))).toEitherT[Future]
+    if (model.Currency.isAmountOutOfBounds(data.paymentData.amount, data.paymentData.currency)) {
+      Left(StripeApiError.fromString("Amount is outside the allowed range ", Some(config.publicKey))).toEitherT[Future]
     } else {
       Future(Charge.create(getChargeParams(data), requestOptions)).attemptT
         .bimap(
@@ -79,8 +79,8 @@ class SingleAccountStripeService(config: StripeAccountConfig)(implicit pool: Str
   def createPaymentIntent(
       data: StripePaymentIntentRequest.CreatePaymentIntent,
   ): EitherT[Future, StripeApiError, PaymentIntent] = {
-    if (model.Currency.exceedsMaxAmount(data.paymentData.amount, data.paymentData.currency)) {
-      Left(StripeApiError.fromString("Amount exceeds the maximum allowed ", Some(config.publicKey))).toEitherT[Future]
+    if (model.Currency.isAmountOutOfBounds(data.paymentData.amount, data.paymentData.currency)) {
+      Left(StripeApiError.fromString("Amount is outside the allowed range ", Some(config.publicKey))).toEitherT[Future]
     } else
       {
         Future {
diff --git a/support-payment-api/src/test/scala/model/CurrencyTest.scala b/support-payment-api/src/test/scala/model/CurrencyTest.scala
new file mode 100644
index 0000000000..8e1303a32d
--- /dev/null
+++ b/support-payment-api/src/test/scala/model/CurrencyTest.scala
@@ -0,0 +1,22 @@
+package model
+
+import org.scalatest.flatspec.AnyFlatSpec
+import org.scalatest.matchers.must.Matchers
+
+class CurrencyTest extends AnyFlatSpec with Matchers {
+  "exceedsMaxAmount" should "return true if the amount is greater than the allowed range" in {
+    Currency.isAmountOutOfBounds(2100, Currency.GBP) mustBe true
+  }
+
+  it should "return true if the amount is below the allowed range" in {
+    Currency.isAmountOutOfBounds(0.5, Currency.GBP) mustBe true
+  }
+
+  it should "return false if the amount is within the allowed range" in {
+    Currency.isAmountOutOfBounds(100, Currency.GBP) mustBe false
+  }
+
+  it should "allow the amount to be 4% larger than the nominal max to allow for covering transaction cost" in {
+    Currency.isAmountOutOfBounds(2080, Currency.GBP) mustBe false
+  }
+}
diff --git a/support-payment-api/src/test/scala/services/PaypalServiceSpec.scala b/support-payment-api/src/test/scala/services/PaypalServiceSpec.scala
index 2363242394..912386a533 100644
--- a/support-payment-api/src/test/scala/services/PaypalServiceSpec.scala
+++ b/support-payment-api/src/test/scala/services/PaypalServiceSpec.scala
@@ -114,14 +114,14 @@ class PaypalServiceSpec extends AnyFlatSpec with Matchers with MockitoSugar with
   it should "return an error if the payment amount exceeds Australia max" in new PaypalServiceTestFixture {
     val createPaypalPaymentData = CreatePaypalPaymentData(Currency.AUD, 16640.50, "url", "url")
     whenReady(paypalService.createPayment(createPaypalPaymentData).value) { result =>
-      result mustBe (Left(PaypalApiError.fromString("Amount exceeds the maximum allowed ")))
+      result mustBe (Left(PaypalApiError.fromString("Amount is outside the allowed range ")))
     }
   }
 
   it should "return an error if the payment amount exceeds non-Australia max" in new PaypalServiceTestFixture {
     val createPaypalPaymentData = CreatePaypalPaymentData(Currency.GBP, 2080.50, "url", "url")
     whenReady(paypalService.createPayment(createPaypalPaymentData).value) { result =>
-      result mustBe (Left(PaypalApiError.fromString("Amount exceeds the maximum allowed ")))
+      result mustBe (Left(PaypalApiError.fromString("Amount is outside the allowed range ")))
     }
   }