Internet Banking for Business limits
What is the maximum amount you can transfer on Internet Banking or in the ABN AMRO app? This depends on whether you use the ABN AMRO app or your e.dentifier to confirm your credit transfer. When transferring money using the app, the total amount in any one day may not exceed your daily limit. Check in the app how high your daily limit is and increase it if needed. For the security reasons, it takes 4 hours for your higher limit to take effect.
Se below all you can do in the app and Internet Banking.
Limits of Internet Banking Business
| Credit transfer or iDEAL payment | Using the ABN AMRO app | Using the e.dentifier |
|---|---|---|
| in euro to your own ABN AMRO account or a joint ABN AMRO account where you are one of the account holders | with a maximum up to € 1 million per credit transfer | with a maximum up to € 1 billion per credit transfer |
| in euro to other current accounts within the SEPA area | up to the daily limit you have set, with a maximum of € 250,000 per day iDEAL: up to the daily limit you have set, with a maximum of € 50,000 per day this is how confirming with the app works | with a maximum up to € 500,000 - 1,500,000 per credit transfer iDEAL: up to the daily limit you have set, with a maximum of € 50,000 per day |
| in foreign currency to a current account held within or outside the SEPA area or in euro to a current account held in a country outside the SEPA area. | up to the daily limit you have set, with a maximum of € 250,000 per day (for checking a credit transfer in foreign currency, the amount is calculated in euros) | up to € 250,000 per credit transfer (for checking a credit transfer in foreign currency, the amount is calculated in euros) |
Limits of ABN AMRO app
| Credit transfer or iDEAL payment | Using the ABN AMRO app | Using the e.dentifier |
|---|---|---|
| in euro to your own ABN AMRO account or a joint ABN AMRO account where you are one of the account holders | up to € 1 million per credit transfer | not possible |
| in euro to other current accounts within the SEPA area | up to the daily limit you have set, with a maximum of € 250,000 per day iDEAL: up to the daily limit you have set, with a maximum of € 50,000 per day | not possible |
| in foreign currency to a current account held in a country within or outside the SEPA area or in euro to a current account held in a country outside the SEPA area | not possible | not possible in the ABN AMRO app, but possible in Internet Banking |
Making transfers and payments using the app
What is the daily limit?
This is the total amount you can transfer or pay in a day without using the ABN AMRO app. This also applies to credit transfers which you entered via Internet Banking and which you then approve and send using the app.
Set your daily limit yourself up to a maximum of € 250,000.
How do I change my daily limit?
Change your daily limit in the ABN AMRO app.
- Open your app and log in.
- Go to 'Profile' at the bottom right of your screen.
- Go to ‘Accounts and payments’ and then select 'Daily transfer limit'.
- Set your required daily limit, up to a maximum of € 250,000 and choose an end date
- If your daily limit is over € 2.500, you are required to set an end date.
- It takes four hours for your higher limit to take effect. This is to protect you from scammers.
As soon as you have changed your daily limit, you will receive a Bankmail message and text message to confirm the change.
Why does the higher limit only take effect after 4 hours?
We have expressly agreed on a 4-hour waiting period with other banks. The reason for this is that scammers will often pressurise you into transferring money quickly. Experience has shown that 4 hours is enough time for you to check whether you are being scammed.
If you have just raised the daily limit and you then set an even higher daily limit, the 4-hour waiting period will restart. Please bear this in mind if you want to make a large credit transfer. You will have to wait 4 hours each time you raise the limit.
How do I change my card limit?
If you wish to (temporarily) change your card limit for cash withdrawals from the ATM or for payments by card in shops, follow these steps.
- Open the app and log in.
- Tap Payments in your Product overview.
- Scroll down and select Debit Cards. Then select the debit card you want to change the setting of.
- Scroll down and select General settings.
- Tap Daily payment limit to set your desired limit for payments.
- Tap Daily withdrawal limit to set your desired withdrawal limit at an ATM.
- Change the limit and Save.