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How many times can I transfer money between banks a month?
Regarding the limit of inter-bank transfer, different banks and different transfer channels may have different regulations (please consult bank customer service for details). Take Bank of Communications as an example:
Through SMS password tools, the daily maximum limit of a single transaction is 50,000, and through face recognition, it can be increased to a maximum of 200,000 per transaction and a maximum of 500,000 per day. Through authentication tools such as intelligent network shield, Bluetooth key and electronic token, the maximum amount of single and single-day transfer is no more than one million.
If you are a ward or private bank customer, you can apply to your financial branch to increase the transfer limit of Class I debit cards, with a maximum limit of 50 million.
There is no limit to the remittance amount of individual customers to the counter of business outlets. However, when the single amount of money transferred (transferred out) from the counter of a business outlet exceeds 200,000 (inclusive) and the accumulated amount on that day exceeds 500,000 (inclusive), I must show my valid identity certificate to confirm my identity. There is also a self-service equipment transfer that does not verify the security authentication tool for the time being, and the daily single and cumulative maximum limit of each card is 50,000.
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