Understanding client daily payment limits

Payment limits apply to Adviser Initiated Payments (AIPs) made via Adviser Online from your clients’ accounts.

There is a $500,000 transaction limit for EFT via AIP to accounts per day (PayAnyone payments).

Note, BPAY^® billers have payment limits that are not included in the PayAnyone limit meaning that you can still make BPAY payments if you have reached the PayAnyone limit providing you do not exceed the BPAY biller’s limit. Check with the biller to find out if limits apply.

There is a $500,000 transaction limit for EFT via AIP to the ATO per day. However, you can make payments to the ATO via BPAY^®.

Our Personal Help Centre has information on your client’s daily payments limits for:

• Pay Anyone payments
• PayID payments
• PayTo payments
• BPAY payments
• transfers
• joint account holders.

If your client has authorised a third party to transact on their account/s, these daily payment limits will also apply to the third party. If your client uses Macquarie Authenticator, they’ll have their own daily transfer limit of $100,000 that’s in addition to the third party’s transfer limit. 

See Personal Help Centre for how to make a one-off payment over $100,000.