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In Australia, transfers out of an account are limited to a certain amount ($2000 typically) unless you've pre arranged it with the bank. Also transfers to new a
by askvictor 2y ago
In Australia, transfers out of an account are limited to a certain amount ($2000 typically) unless you've pre arranged it with the bank. Also transfers to new accounts have some extra protections. I'd be surprised if this wasn't common practice globally
- lotsofpulp 2y agoI can do transfers of at least $250k from my phone.
- megablast 2y agoNot true. You can set a number of accounts to up this in the bank app, with nothing more than a sms code to protect you. $100k no issues. And never seen a $2k limit, maybe a $5k limit.