UOB FAST Transaction limit ?

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So i opened a new account with UOB (Uniplus) and transferred some money into my UOB Uniplus account last month to take advantage of the fresh funds deposit promotion in Jan.

Wanted to transfer them out to another bank account, but realised the transaction limit for FAST Funds Transfer To Other Bank's A/C is set at max 20k ? i assumed that all FAST limit is 50k each day between all participating banks?

is there something i'm missing to change the option to 50k for FAST transaction limit?

Thanks
 

archcherub

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checked with UOB, both FAST + GIRO transfer share the same daily transaction limit ><

they damn annoying. i emailed them to ask to increase limit but their max is $20,000.
every bank $50k no idea why they so special :s22:
 

KiraYamatoX

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Just leave the minimum sum of 500 inside once the promo ended and request for cashier's order on the balance. Close the account after 6 months.
 

mangomilkshake

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I have a UOB savings account too and just found out that FAST transfer to other banks via Internet Banking is kept at a limit of $20,000. If you want to transfer more, you have to do it via teller. Charge is $10. This is rather frustrating.
 

mynickname

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I have a UOB savings account too and just found out that FAST transfer to other banks via Internet Banking is kept at a limit of $20,000. If you want to transfer more, you have to do it via teller. Charge is $10. This is rather frustrating.

Just don't use their accounts.

Or maybe just get a cheque book
 

Snow_Rain

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I have a UOB savings account too and just found out that FAST transfer to other banks via Internet Banking is kept at a limit of $20,000. If you want to transfer more, you have to do it via teller. Charge is $10. This is rather frustrating.


If you going to branch wouldn't it be better to withdraw as cashier order and go to other branch to deposit?
 
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Tiger9119

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I have a UOB savings account too and just found out that FAST transfer to other banks via Internet Banking is kept at a limit of $20,000. If you want to transfer more, you have to do it via teller. Charge is $10. This is rather frustrating.

If I am not wrong, there is no charge if you ask for cashier order or cheque under your own name.
 

heng_ah

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I have a UOB savings account too and just found out that FAST transfer to other banks via Internet Banking is kept at a limit of $20,000. If you want to transfer more, you have to do it via teller. Charge is $10. This is rather frustrating.

Stop using their services.

Banks that I find innovative and up-to-date have recently revised FAST Transfer limit upward:
POSB/DBS: 200,000.00
Standard Chartered: 200,000.00
Maybank: 200,000.00

You can update transfer limit online via their internet banking, no need to visit any branch.

UOB stubbornly maintains 20,000.00 FAST transfer limit per day. Their competitors already offer 10x their limit.

Such an inflexible bank with archaic rule. :(
 

mikezuper

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Yeah. This is so bad.

Others already start increasing to $200k.

Next time I want to move fund I will withdraw cash!!!
 

hwarzoner

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already transfer everything out from uob only left $500 for ATM standby
 
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