What is a daily transfer limit and why do I have one?

Your daily transfer limit is how much money you can move between your accounts in a day. You can set your daily limit yourself (see ‘Where do I set my daily transfer limit’).

Your transfer limit can be used as a security measure in case someone has gained unauthorised access to your online banking profile. If you set your transfer limit to R0.00, then no money can be transferred between your accounts.