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

You can change your daily transaction limits in Internet Banking.
Login to Internet Banking.
Select Settings.
Then select Daily Transaction Limits to update your limits.
Once updated, the limits are cumulative and apply to transactions made via Internet Banking, the Bank First App and apply to all your accounts.

Still have questions?

We're here to help. Please contact us to discuss any queries you may have.