Daily Transfer Limits
In response to feedback from our Members, we’re making it easier to transfer higher amounts from the Bank First Internet Banking and Mobile Banking App.
A maximum Member daily limit of $22,000 applies for external payments, with the following sub-limits also applicable:
Type of transfer | Daily Limits (per Member) Effective 8 October 2024 |
---|---|
Standard External Transfers | $5,000.00 |
OSKO | $5,000.00 |
Bpay | $10,000.00 |
International Online Transfers | $2,000.00 |
The maximum Member daily limit of $22,000 is irrespective of the number of Authorised signatories to an account.
Loan redraw is captured by the above sub-limits.
Frequently asked questions
I still have questions. What should I do?
We’re here to help. Please contact us to discuss your question.