How much can I transfer on 365 Online?

The maximum limit you can transfer is €20,000 / £20,000 per working day of which a maximum of €10,000 / £10,000 can be to payees activated using SMS Security codes.

My Payees are activated with:

• SMS security codes ONLY

  The maximum limit you can transfer is €10,000 / £10,000 per working day if ALL your payees were activated with SMS security code

• Postal security codes ONLY

  The maximum limit you can transfer is €20,000 / £20,000 per working day if ALL your payees were activated with postal security codes

• Both postal security codes and SMS security code

  When you have a mix of payees activated by postal security codes and payees activated with SMS security code you should always make the transfers to the SMS activated Payees first. This will allow you to use the most of your daily transfer limit. You can:

  1. Transfer a maximum of €10,000 / £10,000 per working day between payees activated with SMS security code then allowing you to
  2. Transfer a maximum of €10,000 / £10,000 per working day between payees activated with postal security codes.

  Examples

  John was able to transfer €20,000 on a working day. John first transferred €10,000 to payees activated with SMS security code, he then transferred €10,000 to payees activated with postal security codes

  Jane was able to transfer £20,000 on a working day. Jane first transferred £3,000 to payees activated with SMS security code, she can then transfer £17,000 to payees activated with postal security codes

  Frank was NOT able to transfer €20,000 on a working day. Frank first transferred €10,000 to payees activated with postal security codes, he cannot transfer the remaining €10,000 to payees activated with SMS security code

Where payments are requested on, or scheduled for, a Saturday, Sunday or bank holiday, these payments will be processed on the next working day and will be subject to the limit for that working day.