News

Online Banking Daily Transactions


01 July 2015


In order to improve your Online Banking experience, we are making changes to your Online Banking daily transaction limits. Your transaction limits are the maximum amount of funds that you can transfer through your Online Banking on a daily basis. With effect 01 August 2015 the following daily transaction limits will apply when using your Online Banking:

Transaction Type

Daily Limit

Daily Limit with VIP Credential

  • Transfers between Defence Bank accounts held under different membership numbers
$5,000
$10,000
  • BPAY®payments (may be subject to lower limits set by each biller)
$5,000
$10,000
  • Transfers from your Defence Bank account to other financial institutions
$5,000
$10,000
  • Western Union Business Solutions International Transfers facilitated from your Defence Bank account
$5,000
$10,000
  • Transfers between Defence Bank accounts within the same membership
Unlimited
Unlimited
  • emobile Payments made using the Smartphone link
$5,000
N/A

BPAY®is a registered trademark of BPAY Pty Ltd
Changes to Defence Bank Smart Phone Application Terms and Conditions
For members using Mobile Banking via the Smartphone link the second paragraph under the heading “Smartphone Banking Daily Transaction Limits” will be replaced with the following wording with effect 01 August 2015:
The daily transaction limits for transactions made using Mobile Banking are the same as those that apply to Online Banking.

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