Hello Paulo,
The error you are seeing "421 SMTP Connection limits exceeded" is coming in from the remote server, "Remote host said:" and is not an environmental issues or a setting in SmarterMail but on the server you are connecting to.
You have reached the number of connections the remote host you are connected to will allow and need to wait for your IP/Host to be released.
I hope this helps to understand what is happening.
Thank you
Tony
Tony Scholz
System/Network Administrator
SmarterTools Inc.
www.smartertools.com