Understanding E-Transfer Limits: How Much Can You Send?

Discover the limits on e-transfer services and how they vary by bank and account type.

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E-transfer limits vary between banks and account types. Generally, daily limits range from $1,000 to $3,000, but some banks offer higher limits for premium accounts. To find your specific limit, check with your bank or review your account agreement. Adjustments to limits may be possible through your online banking settings or by contacting customer service.

FAQs & Answers

  1. What is the average daily limit for e-transfers? The average daily limit for e-transfers ranges from $1,000 to $3,000, depending on the bank and account type.
  2. Can I increase my e-transfer limit? Yes, you can request an increase by adjusting your online banking settings or contacting your bank's customer service.
  3. Do different banks have different e-transfer limits? Yes, e-transfer limits can vary significantly between different banks and account types.
  4. How can I check my e-transfer limit? To check your e-transfer limit, refer to your account agreement or contact your bank directly.

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