Being a international accounts and global banking, we are in need to transact amount in bulks for paying tution fee, and also in need to liquidate our funds as an alternate.
But if Niyo not providing an option to liquidate more than 1 lakh per day through neft, then how will it work for person like us transacting in bulk
Hey @Baga! Welcome to Niyo Community!
Below are transaction limits in INR for Niyo Global by SBM.
Card Usage Limits
ATM Withdrawal Limits
Card Swipe Limits
Online Payments Limits
Tap & Pay Limits
The cardholder is allowed to transact up to ₹25,000 per day via UPI
The cardholder is allowed to transfer up to ₹1,00,000 per day (per beneficiary), within the cooling period (30 mins), ₹25,000 per transaction
We recommend you use the card for your personal usage within the card limits. However, we’ve duly noted your feedback and it will be shared with our team and see if we can enhance the limits in the future.
What is limit of amount one can pay using a Niyo SBM Cheque? With a single cheque? Are there any daily or monthly cheque transfer limits?