How much can move
Limits protect the account when a phone or a card is lost. You can lower any of them yourself.
One transfer can be up to 5,000.00 and a day's transfers up to 10,000.00. A transfer carries its own reference, such as TR-0512-88, which both sides see on their statement.
New payees
The first transfer to a new payee is limited to 1,000.00 and is held for an hour, so that a mistake can still be stopped.
What we check first
- That the name matches the name on the receiving account.
- That the amount fits what is left of today's limit.
- That the device has been used with this account before.
Cards
The card has its own limits for shops, online payments and cash. See the card's limits or what was declined.