Transferring funds with Internet Banking FAQs (2024)

What's the maximum amount I can transfer?

If you have set up the account via Internet Banking, there is a limit of $5,000 per payee per day and a maximum cumulative limit of $25,000 per day. For example, if you want to pay 5 different accounts, you can transfer $5,000 to each account per day.

To increase the daily limit to $100,000 please follow the below steps.

Desktop

  1. Click Transfers & Payments from the left hand menu.
  2. Click Payee Accounts from the right hand menu.
  3. Click the payee you wish to increase.
    If this is a new payee, see "How do I add a new Payee" then come back to these steps.
  4. Click Increase Payee Limit, then Confirm.
  5. Authenticate this via Secure Code.

Requests submitted before 4:00pm AEST Monday to Friday will be processed the same day.

Mobile

  1. Tap Services to open the menu, then tap Manage Payees from the My Payments section.
  2. Tap the payee you wish to increase.
  3. Tap the Limits button
  4. Tick the box accepting conditions and tap Continue.

Requests submitted before 4:00pm AEST Monday to Friday will be processed the same day.

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Transferring funds with Internet Banking FAQs (2024)
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