How do I change the payment limit or expiry date of my linked bank account?
Once you link your bank account to your Instarem Singapore account and set a limit/expiry while linking, you can’t change it later on. The limit applies to all your transfers with ‘linked bank account’ as your payment method – so please ensure that you set a limit higher than your transfer amount. For example, if you set a limit of 5,000 SGD on your linked account and initiate a transfer of 6,000 SGD, the transfer will be cancelled, as we’ll be authorised to withdraw only 5,000 SGD from your account.
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Have a Business Instarem account?
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