This error is usually caused either by failing to authenticate with the SMTP server or by a host hourly/daily limitation on the number of emails you can send.
First, try the SMTP host "localhost" with no AUTH or "Authorize by Checking Email".
If "localhost" doesn't work, use the SMTP server name noted by your web host, such as "mail.example.com".
Next, try SMTP with AUTH and a username and password of an existing mailbox on your domain.
As a last resort, try "Authorize by Checking Email" with AUTH either enabled or disabled.
Regards