[LINK] A security question

Scott Howard scott at doc.net.au
Thu Dec 19 11:32:02 AEDT 2013


On Wed, Dec 18, 2013 at 4:14 PM, Roger Clarke <Roger.Clarke at xamax.com.au>wrote:

> NAB's 'solution' for such customers is to set a bank-imposed (not
> customer-selected) daily transaction ceiling ($2500), and preclude
> use of Internet Banking for overseas data transfers.
>

They also offer a number of other options for such transfers, including
fax/phone-based authentication/confirmation for transfers that allow for
amounts up to $1 million (or potentially more).

You can also use BPay to transfer up to $2 million (presuming the
destination accepts it, of course).

And finally it is (or at least, was) possible to increase the $2,500 limit
to something a little higher - it just involves filling in some paperwork.
 My non-SMS limit is set to $10,000.

  Scott



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