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What are Pre-designated and Non-pre-designated transaction limits?

April 26, 2017limits Pre-designated transaction

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What are Pre-designated and Non-pre-designated transaction limits?

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Pre-designated transaction limits affect third party payees or transfer templates set up by the Bank on your behalf or payees and templates converted from EasyLink Online into Personal Internet Banking. Non-pre-designated transaction limits affect transfer templates set up by you online in Personal Internet Banking. For security reasons, these limits are lower than Pre-designated transaction limits. A Non-designated limit can be converted to a Pre-designated limit. In order to make this request please contact Internet Banking Support on (+441) 299 5959 to discuss available options.