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What does the notification ‘transaction amount is more than the allowed limit’ mean?

If you’re attempting to transfer large amounts of money, you may see this notification appear. There is a limit to the amount you can send depending on your chosen mode of payment or delivery method.

Here’s a detailed breakdown:

Payment Option Limits on Single Transactions:

UK:

  • Debit card: £5,000
  • Online bank transfer: £5,000

Canada

  • Debit card: $300 (exclusive of fees)
  • Interac e-transfer: $3,000 (exclusive of fees)

Delivery Method Limits on Single Transactions:

  • Credit to Account: £5,000 (UK), $3,000 (Canada)
  • Cash Collection: Php 100,000