Daily Transaction Limit - Sole Proprietorship
| Business Internet Banking | Daily Transaction Limit | ||
|---|---|---|---|
| Type of Service | Default Limit | Maximum Limit | |
|
1. Regular Funds Transfer: PayNow and GIRO |
S$1 Million (for each service) |
S$1 Million |
|
| 2. MEPS (Local Funds Transfer) | S$1 Million | S$3 Million | |
| 3. RegionLink (Funds Transfer to Malaysia and to other Banks in Malaysia) | S$1 Million | S$1 Million | |
| 4. Remittance (Telegraphic Transfer/ Cashier's Order) | S$1 Million | S$3 Million | |
Daily Transaction Limit - All other types of businesses
| Business Internet Banking | Daily Transaction Limit | ||
|---|---|---|---|
| Type of Service | Default Limit | Maximum Limit | |
|
1. Regular Funds Transfer: PayNow and GIRO |
S$1 Million (for each service) |
S$5 Million |
|
| 2. MEPS (Local Funds Transfer) | S$3 Million | S$10 Million (S$5Mil maximum per transfer) |
|
| 3. RegionLink (Funds Transfer to Malaysia and to other Banks in Malaysia) | S$1 Million | S$5 Million | |
| 3. Remittance (Telegraphic Transfer/ Cashier's Order) | S$1 Million | S$5 Million | |
Daily Customer Limit - For all businesses
| Business Internet Banking | Daily Customer Limit | ||
|---|---|---|---|
| Type of Service | Default Limit | Maximum Limit | |
|
1. Sole Proprietorship |
S$1 Million |
S$3 Million |
|
| 2. All other types of businesses | S$5 Million |
S$10 Million |
|