Payment limits apply to Adviser Initiated Payments (AIP) made via Adviser Online from your clients’ accounts.
Payment limits apply to Adviser Initiated Payments (AIP) made via Adviser Online from your clients’ accounts.
Nominated accounts allow you and your client to select an account through which to perform select transactions.
Nominated accounts
There is a $10 million transaction limit for EFT via Adviser Initiated Payments (AIP) to nominated accounts per day.
Non-nominated accounts
There is a $500,000 transaction limit for EFT via AIP to non-nominated accounts per day.
Australian Tax Office (ATO)
There is a $500,000 transaction limit for EFT via AIP to the ATO per day.
A daily payment limit applies to Pay Anyone payments made by your client via the Client Portal from their accounts to another Australian bank account.
Your client's daily transfer limit is $100,000 across all their eligible accounts linked to their Access Code.
This payment limit applies when your client transfers funds electronically from their account via the Client Portal to another Australian bank account for all Pay Anyone and New Payments Platform (NPP) payments.
For payments over $100,000, you can use the following option:
Complete a withdrawal form
If your client intends to make a one-off payment over $100,000, they'll need to complete one of the following forms:
Please be aware that BPAY® billers impose their own limits on the amount that they will accept in a single transaction or day.
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