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 account 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“

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