PayID Transfer Limit

The transfer limit for PayID varies depending on the financial institution and the type of account you have. Most banks and credit unions in Australia have set daily and weekly limits on PayID transfers to help protect against fraud and unauthorized transactions.

Here are some typical PayID transfer limits:

– Daily limit: $1,000 to $10,000

– Weekly limit: $5,000 to $20,000

These limits are in place to safeguard your account and ensure that large transfers are made with caution. If you need to make a transfer that exceeds your daily or weekly limit, you may need to contact your bank or use an alternative payment method.

It’s important to note that these limits are subject to change and may vary between financial institutions. Some banks may offer higher limits for certain account types or customers with a good track record. If you have specific questions about your PayID transfer limits, it’s best to contact your bank’s customer support for accurate and up-to-date information.