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Transfer limits for the Money account

  • Updated

Transfers to and from the Money account and Neo High-Interest Savings account are subject to a transaction, daily, weekly, and monthly limit. This includes Interac e-Transfer® requests, electronic fund transfers (EFTs), bill payments, and transfers within Neo.

Interac e-Transfer® limits 

  • Transaction maximum: $3,000
  • Daily maximum: $10,000
  • Weekly maximum: $10,000
  • Monthly maximum: $20,000

Electronic fund transfers

  • Maximum outbound transaction to an external bank: $30,000
  • Maximum inbound transaction from an external bank: $100,000

Bill payments 

  • Maximum payment: $25,000

Neo-to-Neo transfers

  • Transaction maximum: $5,000
  • Daily maximum: $10,000
  • Weekly maximum: $20,000
  • Monthly maximum: $30,000

Note, these limits are subject to change.

Your transfer limits (along with information on fees and features) can be found in the Money Account Disclosure Statement, Rate & Fee Schedule.

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