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Bpay limits

Posted by Don Don
Message 1 of 2 1,179 Views

This is a comment not a question.  I find it absolutely ludicrious that I can't Bpay any amount I like OF MY OWN MONEY to my Superannuation Fund. ING allow us to so I'm in the process of transferring ALL our savings to a bank that serves our needs. 

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Re: Bpay limits

Posted by MegB MegB
Message 2 of 2 1,165 Views

Hi @Don, I can appreciate your post is a statement and not a question, but I wanted to clarify this for you. 

We limit the daily online banking transfer amount to $20k to protect the security of your account. If you need to transfer more than this, you're welcome to split the transfer over multiple days. If the funds will be coming from a joint account, both yourself and the other party can transfer up to $20k per day. I can appreciate this may be less than ideal and do apologise for any inconvenience this may cause. 

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