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How To Change Transfer Limit In POSB/DBS

You can change the transfer limit for POSB/DBS to a larger amount if you need to transfer a bigger sum of money to another account or decrease the limit to reduce the outflow of funds.

The maximum limit for transfer to another POSB/DBS accounts is S$25,000 and S$50,000 for transfer to other local bank accounts.

The default daily transfer limit:

  • S$5000 to POSB/DBS accounts
  • S$1000 to other local bank accounts

Follow the steps below to change the limit using iBanking.

How To Change Transfer Limit POSB/DBS Using iBanking

You can increase or decrease the transfer limit to other POSB/DBS accounts or other local bank accounts by following these steps:

– Login to your DBS/POSB Internet Banking platform.

  1. Go to “Transfer” -> Click on “More Transfer Services
  2. Under “Manage Recipients and Transfers” -> Click on Change Local Transfer Limit.
  3. Choose the Transfer Type that you want to change (Other DBS or POSB account/Other local bank account)
  4. Select a New Limit amount
  5. Click “Next
  6. Verify your information and click “Submit
POSB iBanking Login
Change Local Transfer Limit POSB DBS

Click here to see how you can change ATM withdrawal limit.

Posted in DBS/POSB