What are account limits?

Account Limits are limits applied to an individual account that limit the total dollar value of Business Payment Credit files, external transfers and funds transferred to another Suncorp Bank account that can be processed from the account on a daily basis.

For example, if you place a $20,000.00 account limit of a business account, only $20,000.00 can be transferred via business payments, external transfers and transfers to other Suncorp Bank accounts regardless of the account balance or daily limit set.