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How Much Can You Withdraw From POSB/DBS?

Did you realize that there is actually a default daily transaction limit on withdrawals for your DBS/POSB account?

The default limit is relatively low to safeguard your account.

It is good to know the default amount so that we can change the limit to a higher or lower amount in times of need.

Everyday is a bank account

Default Daily Limit

  • ATM Cash withdrawal – $2,000
  • NETS – $2,000
  • Funds Transfer to another POSB/DBS account – S$5,000
  • Funds Transfer to other local bank’s account – S$1,000

You can change the increase or decrease the limit through iBanking if you require it.

How Much Can You Withdraw From POSB/DBS? 1
Seng Lee is a full-time Stay-at-home Dad/Blogger since 2015. As a househusband, he is prudent with household expenses. He also writes on how to save money on daily use products and earning an income from these expenses. You can find him at
Posted in DBS/POSB