What is a daily transaction limit?

A daily transaction limit refers to the total amount that you can pay or transfer in a day. It gives you greater control over how much money moves out of your bank account(s).

How it works

You can set daily transaction limits for local and overseas funds transfers and transactions via PayNow, FAST, Pay Any Card, debit cards, eNETS, NETS QR and MEPS.

Just log in to OCBC Internet Banking or the OCBC app to do so.

Once a limit has been set, the sum of transactions made in a day cannot exceed the limit.

What are the daily transaction limits for OCBC digital banking channels?

The default and maximum daily transaction limits for Local Payments & Transfers are as follows:

The default and maximum daily transaction limits for Overseas Payments & Transfers are as follows:

^*The limits for these transaction types cannot be changed via Internet Banking or the OCBC app.
Wish to update your daily transaction limit? View the step-by-step guide.

What are the daily transaction limits for ATM/debit card transactions?

For more information, see ATM withdrawal and card spending limit.

Step-by-step guide to changing a daily transaction limit:

Via Internet Banking

• Log in to OCBC Internet Banking
• Go to Customer service > Manage transaction limits
• Review and confirm the new limit
• Authorise the change using OCBC OneToken (on your mobile device) or your hardware token

• Log in to OCBC app
• Tap on ‘More’ at the bottom navigation bar
• Navigate to Payments & transfers
• Tap on ‘Manage transaction limits’
• Review and confirm the new limit
• Authorise the change via OCBC OneToken (on your mobile device) or hardware token

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What is an authorisation limit?

The authorisation limit refers to the amount at which you will need to authorise a transaction using your fully activated OCBC OneToken or hardware token. It applies to each transaction you make and differs by transaction type.

As well as providing an extra layer of security, authorisation limits give you greater visibility on high-risk transactions being made on your account.

What are the default authorisation limits?

Default authorisation limits include:

Authorisation limits are fixed. For your security, they cannot be changed.

Learn more about Authorisation Limits.

Learn more about OCBC OneToken.

Step-by-step guide to authorising a transaction above the authorisation limit using the OCBC OneToken or hardware token:

For OCBC OneToken users

• Step 1: Ensure that you have fully activated your OCBC OneToken. If you have not done so, please complete the activation using your card PIN or the Token Key (this will be mailed to you). Wait for 24 hours – this period cannot be shortened – for your OCBC OneToken to be fully activated.
• Step 2a: If you are using the OCBC app, authorisation of the transfer/payment will take place automatically. You do not need to key in any codes.
• Step 2b: If you are using OCBC Internet Banking, you will receive a push notification – tap on the push notification and select ‘Confirm’ to authorise the transaction.

• Step 1: Press the ‘SIGN’ button to turn on the token.
• Step 2: Enter the code displayed on Internet Banking, the OCBC app into your token.
• Step 3: Press the ‘SIGN’ button on the token again to generate a code.
• Step 4: Enter the 6-digit code into Internet Banking, the OCBC app to authorise the transaction.

Pricing for Personal Banking products

Download the full pricing guide for Personal Banking Products.

Pricing for Premier Banking products

Download the full pricing guide for Premier Banking Products.

Pricing for Premier Private Client products

Download the full pricing guide for Premier Private Client Products.

We will update you with your transaction details by sending SMS notification alerts to your mobile phone number. You will receive instantaneous SMS alerts (or Push Notifications if enabled) when you make the following transactions.

Note: To find out which transaction alerts are available under Push Notification, click here.

* If your transaction exceeds S$50,000.00, we will send you SMS notification alerts irrespective of the alert setting.

# You are unable to unsubscribe to this alert as it is mandatory.
^ Transactions initiated by the Bank, such as credit card cashbacks, will not trigger notifications.

You may choose to customise the alert settings via OCBC Online Banking.
For more enquiries, please call 1800 363 3333 or visit any of our OCBC branches.

Update Your Mobile Phone Number Now

To ensure you are kept informed of your account/transaction details, it is important for the bank to be updated with your current mobile phone number.

You may update your mobile phone number via the following methods:

• OCBC Online Banking*
• OCBC ATM

*With effect from 18 March 2022, updating of mobile number via online banking will take at least 12 hours to be effective.