Our SC Mobile and Online Banking platforms provide intuitive features that allow you to easily adjust your daily transfer limits and authorise transactions securely. This guide will take you through the steps to change your daily limits and authorise transactions, ensuring your banking experience is both seamless and secure.
SC Mobile Daily Limit Adjustment
SC Mobile Daily Limit Adjustment
SC Mobile Transfer Authorisation
SC Mobile Transfer Authorisation
FAQ
For transfer of funds between your own accounts, you can transfer up to the available balance in the account.
For other fund transfers, you can transfer up to your current personalised daily limit. If you wish to adjust the daily transfer limit, simply log in to SC Mobile, go to ‘Pay & Transfer’ tab and update the limit under ‘Manage Daily Transfer Limit’. The maximum daily transfer limit allowed is S$200,000.
This feature will be part of our next app release (version 9.14.9) which will be progressively rolled out. Stay tuned.
You can lower or increase the daily transfer limits anytime. Simply log in to SC Mobile, go to ‘Pay & Transfer’ tab and update the limit under ‘Manage Daily Transfer Limit’. The maximum daily limit allowed is S$200,000.
This feature will be part of our next app release (version 9.14.9) which will be progressively rolled out. Stay tuned.
The S$200,000 daily transfer limit is applicable to all fund transfers except transfer of funds between your own accounts, bill payment, credit card transactions, and debit card transactions.
No, the authorisation limit is an enhanced security feature which requires users to enter their SC Mobile key to proceed for any transaction equal or above S$5,000. It is independent of the daily transfer limit, which puts a restriction on the amount that users can transact.
As part out our enhanced anti-scam measures, the Bank will set the default authorisation limit to S$5,000 for new clients and for existing clients with authorisation limits exceeding S$5,000. This change will not apply to clients who have already personalised their authorisation limits to below S$5,000.
| Example of Changes to Authorisation Limit After Defaulting | ||
| Before (SGD) | After Defaulting (SGD) | |
| Transfer to other SCB account | $1,000 | $1,000 |
| Transfer to other bank’s account | $2,000 | $2,000 |
| Bill Payment | $5,000 | $5,000 |
| International Fund Transfer | $6,000 | $5,000 |
| Pay Other Bank’s Credit Card | $10,000 | $5,000 |