How do I increase my Pay Anyone daily limit?

Discover how to adjust your Pay Anyone daily limit with Bendigo Bank to suit your financial needs and enhance your payment flexibility.

Increasing Your Pay Anyone Daily Limit

To increase your Pay Anyone daily limit up to $50,000, you can conveniently do so through Bendigo Bank's e-banking platform. Simply log in to your account, navigate to the 'Settings' section, and select 'Daily Limits'. From there, choose 'Pay Anyone' and enter your desired new limit. Follow the prompts to complete the process, which includes multi-factor authentication for added security. This allows you to manage your payment capabilities directly online, without the need for in-person visits or phone calls.

Requesting a Higher Limit

If you require a Pay Anyone daily limit exceeding $50,000, you will need to visit your nearest Bendigo Bank branch in person. There, a bank representative will assist you in processing the request and verifying your identity to ensure the security of your account. This step is necessary for limits beyond the standard online adjustment capabilities.

Reducing Your Pay Anyone Daily Limit

To decrease your Pay Anyone daily limit, you can do so through your Bendigo Bank e-banking account. Log in, go to 'Settings', select 'Daily Limits', and choose 'Pay Anyone'. Enter your new, lower limit and confirm the changes. Note that reducing your limit can help enhance security and control over your spending.

Security Considerations

Any changes to your Pay Anyone daily limit are subject to Bendigo Bank's security protocols, including multi-factor authentication. These measures are in place to protect your account from unauthorized access and ensure that only you can make adjustments to your payment limits.