Tangerine EMT/EFT Transfer Limits

I believe limit of 3k is for 24 hrs. Is it more than 24 hrs since your last transfer?

simrannagra9 wrote: ↑ I believe limit of 3k is for 24 hrs. Is it more than 24 hrs since your last transfer?

yes.

simrannagra9 wrote: ↑ I believe limit of 3k is for 24 hrs. Is it more than 24 hrs since your last transfer?

Ya. They're pretty strict with the 3k per 24 hours.

Just got a call back, looks like the latest 3k transfer that I am trying to do will indeed push through the 10k weekly limit. And I was told the limit will reset after the 1st transfer of the 7 days, but online it says after 7 days of the latest transfer. I am going to take the online version to be true.

Does anyone know how much I can transfer via EFT per transfer if that's the case?

angel_wing0 wrote: ↑ Just got a call back, looks like the latest 3k transfer that I am trying to do will indeed push through the 10k weekly limit. And I was told the limit will reset after the 1st transfer of the 7 days, but online it says after 7 days of the latest transfer. I am going to take the online version to be true.

Does anyone know how much I can transfer via EFT per transfer if that's the case?

Technically they are correct to say 'after 7 days of the latest transfer.' if you had only 1 transfer in the last 7 days. But since you had multiple transfers in the last 7 days, then the 10k weekly limit will kick in. If you want to transfer more than that limit, you can call to request larger transfer for that particular case. TNG can transfer higher amt manually by a CSR.

angel_wing0 wrote: ↑ Just got a call back, looks like the latest 3k transfer that I am trying to do will indeed push through the 10k weekly limit. And I was told the limit will reset after the 1st transfer of the 7 days, but online it says after 7 days of the latest transfer. I am going to take the online version to be true.

Does anyone know how much I can transfer via EFT per transfer if that's the case?

Limits are usually rolling limits. For example if you had 2k transfer 7 days ago and then 1.3k each next 6 days, then your limit on 8th day is 2k only.

angel_wing0 wrote: ↑ Just got a call back, looks like the latest 3k transfer that I am trying to do will indeed push through the 10k weekly limit. And I was told the limit will reset after the 1st transfer of the 7 days, but online it says after 7 days of the latest transfer. I am going to take the online version to be true.

Does anyone know how much I can transfer via EFT per transfer if that's the case?

And you didn't consider that / couldn't or didn't want to figure this out on your own?

speaking about those daily / weekly / monthly limits ( for interac eTransfer ).

All banks pretty much have the same maximum amounts.

BUT ... lately I noticed something and was kind of impressed by it.

at HSBC it's a bit different ... like that for the outgoing:


Daily $7,000 CAD

Weekly $10,000 CAD

Monthly $40,000 CAD


https://www.hsbc.ca/online-banking/interac-e-transfer/

You can call in and have limits increased

georvu wrote: ↑ You can call in and have limits increased

Good luck with that.

I strongly doubt they would do it for me ... or for mere mortals like me.

Darkman wrote: ↑ Good luck with that.

I strongly doubt they would do it for me ... or for mere mortals like me.

Already got increased limits... although more then needed so seems can not request a certain amount... rather the FI dictates increase level... probably based on evaluation of file.

georvu wrote: ↑You can call in and have limits increased

georvu wrote: ↑ Already got increased limits... although more then needed so seems can not request a certain amount... rather the FI dictates increase level... probably based on evaluation of file.

How much are your limits?

Think 20/20/50 or similar... yes, the daily and weekly are the same.

Was more then needed but could not request a specific amount. Once requested they tell you new levels. Did have to do over phone and this was in early summer.

georvu wrote: ↑ Think 20/20/50 or similar... yes, the daily and weekly are the same.

Was more then needed but could not request a specific amount. Once requested they tell you new levels. Did have to do over phone and this was in early summer.

Just called, i was told that it's not possible, and the rep said she confirmed what she said against the interac e-transfer "article"...whatever the hell that means. Didn't bother to argue with her further on a Saturday night. Guess I will just use EFT to move money over that limit then.

angel_wing0 wrote: ↑ Just called, i was told that it's not possible, and the rep said she confirmed what she said against the interac e-transfer "article"...whatever the hell that means. Didn't bother to argue with her further on a Saturday night. Guess I will just use EFT to move money over that limit then.

When I called the rep hooked us up to a higher up manager[?] before got increase.

Perhaps they have become more restrictive on limit increases due to pandemic? Or just their regular routine... kinda of how they are very restrictive on granting credit cards if you apply for them.

Darkman wrote: ↑ speaking about those daily / weekly / monthly limits ( for interac eTransfer ).

All banks pretty much have the same maximum amounts.

BUT ... lately I noticed something and was kind of impressed by it.

at HSBC it's a bit different ... like that for the outgoing:


Daily $7,000 CAD

Weekly $10,000 CAD

Monthly $40,000 CAD


https://www.hsbc.ca/online-banking/interac-e-transfer/

TD upgraded my limits earlier this year without asking, and CIBC did as well this fall. Hopefully more banks choose to up the limit.

georvu wrote: ↑ Think 20/20/50 or similar... yes, the daily and weekly are the same.

Was more then needed but could not request a specific amount. Once requested they tell you new levels. Did have to do over phone and this was in early summer.

Just spoke to them.

According to the clerk i spoke to ... this only be done (currently anyhow) with Tangerine own email money transfer (that takes longer than Interac etransfer) ... that this can not be done with interac etransfer ...

to do "higher" the Tangerine own etransfer limit ... have to hook up with supervisor or someone higher up ... and they maybe able to do it to maximum of something like this:

20/20/20 .. (and not any higher ... as in your example of 20/20/50) .

But again .. it's according to the rep i talk to only ... he was somewhat hyper guy like me and conversation got a bit hyper / not so friendly, lol ...

So basically ... unless he misinformed me -- it currently should be the way i mentioned it above

852HKtse wrote: ↑ TD upgraded my limits earlier this year without asking, and CIBC did as well this fall. Hopefully more banks choose to up the limit.

Strange thing lol ..

Without even asking at that ... are you someone special or something, cuz they don't generally do those things and "without even asking for it" at that

What limits they gave you by the way ... ? ... both institutions.