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If someone breaks the system the 5k limit doesn't mean anything. Is the $5000 limit for launch or permanent? I sure hope it's not permanent. Electronic transfer
by driverdan 15y ago
If someone breaks the system the 5k limit doesn't mean anything. Is the $5000 limit for launch or permanent? I sure hope it's not permanent. Electronic transfers are most important for large amounts of money.
- elemeno 15y agoVery true. A standard Barclays business account (or at least my one) come with a transfer limit of £250,000.
- Q6T46nT668w6i3m 15y agoIt's worth noting that limits are usually balanced by availability. I'm not familiar with Barclays, however, in my experience, many banks will process a transfer less than $5,000 USD in three to five business days, but take far longer to process a transfer greater than $5,000 USD. While it's understandable, I wish banks made this trade-off explicit.