Is there a maximum daily transfer limit on mobile banking? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Is there a maximum daily transfer limit on mobile banking?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

Yes, every bank sets daily and monthly limits on transfers outside the customer's own accounts as a security measure. These limits differ by customer segment (for example EGP 500,000 per day for an ordinary customer, rising for VIP customers).

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