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 |
€50 | €50 | €50 |
Pay someone new on the AIB Mobile App | €1,000 | €1,000 | |
Selfie Check User - Pay someone new on the AIB Mobile App | €10,000 | €10,000 | |
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 |
Bill Payment | €10,000 | €30,000 | €10,000 |
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.
Notes
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.