Dear Clients,

Your safety is our priority. As part of our enhanced anti-scam measures, please note that the Bank will be reducing the default daily transfer limit from S$20,000 to S$5,000 for all clients with effect from 9 October 2022, except for clients who have:

• any recurring payments in the last 12 months OR
• changed their daily default limits in the last 6 months

This will also impact the amount authorised for the following transaction types:

• 3rd Party SCB Funds Transfer/eNETs
• Interbank Funds Transfer
• Bill Payment
• International Funds Transfer
• Pay other bank’s credit card

To safeguard yourself against fraudulent transfers, we recommend that you set a transaction limit that you are comfortable with. To amend your transaction limit, please log in to your Online Banking account and click on “Security & Limits Maintenance” on the top right menu.

How can I adjust my daily transfer limits?

Amending of the daily transfer limits can be performed only via Online Banking. You may click on “Security & Limits Maintenance” on the top right menu.