Transaction Limit Information
The total aggregate value of any of the transactions listed in the table below which may be effected by you through AIB Phone and/or Internet Banking in any Business Day is limited to the Daily Limit set out in respect of each transaction in the table below:
|Transaction||Daily Limit||Daily Limit||Daily Limit|
|Personal Users||Business Users**||Personal Users (non-P&I-registered, AKA "kiosk only")|
|Overall cumulative limit*||€1,050,000||€1,600,000||€1,050,000|
|AIB Top Up Service
|Pay someone new on the AIB Mobile App (Not available when using the “One Time Login”)||€1,000||€1,000|
|International Payments (non SEPA)||€10,000||€30,000||€5,000|
|Other Funds Transfers (Payments within Ireland and SEPA zone)||€10,000||€30,000||€5,000|
|Maximum Transfer amount (between your nominated AIB accounts)||€1,050,000||€1,600,00||€1,050,000|
* Effective from 8th December 2012 for personal users, and from 22nd August 2013 for business users, this is a cumulative limit for transfers completed using your AIB Kiosk, AIB Phone and AIB Internet Banking. For example if you complete a bill payment on AIB Phone & Internet Banking for €7,000 this overall limit is reduced to €1,043,000/€1,593,000 (personal/business).
**Customers registered for AIB Internet Banking who hold at least one open suitable designated AIB Business account.
Expressions defined in the Terms and Conditions for AIB Phone & Internet Banking bear the same meaning in this notice.
The total aggregate value of any category of transaction effected during a Non-Business Day shall be taken into account in determining whether the appropriate aggregate limit has been reached during the next succeeding Business Day. For example transactions completed on a Saturday and a Sunday are both included in the limit for the Monday.
The total value of transactions which may be effected by a User through AIB Phone and/or Internet Banking in any Business Day or associated Non-Business Day period is limited to the amount of the available balance on the Account to be debited at the relevant time.