Have you ever faced a situation where you wanted to transfer money from your Standard Bank app but couldn’t due to the limit set? Don’t worry! We have brought you a comprehensive guide on how to increase the limit on your Standard Bank app.
Why Standard Bank App sets a Limit?
Standard Bank App sets a limit to protect you from fraudulent activities. As a result, if anyone tries to access your account or make an unauthorized transaction, the limit will protect your funds. Moreover, it also restricts the user from transferring the entire funds at once, ensuring that you do not run out of money.
How To Increase The Limit On Standard Bank App
Step 1: Log in to your Standard Bank app
The first step is to log in to your Standard Bank app using your username and password. If you have enabled your fingerprint or face ID, then you can use that too.
After logging in, click on the menu icon located at the top right corner of the app.
Step 3: Click on "Daily Pay and Transfer Limit"
In the menu, you will see an option "Daily Pay and Transfer Limit." Click on that option to proceed further.
Step 4: Enter the new limit
Now, you can enter the new limit that you want to set for your account. You can choose the maximum limit or set your own limit by clicking on "Enter Limit."
Step 5: Confirm your changes
After entering the new limit, you need to confirm your changes. You will receive an OTP on your phone, which you need to enter on the app.
Step 6: Save
Now click on "Save," and you have successfully increased the limit on your Standard Bank app.
Things to keep In Mind
- Do not set a very high limit: While setting the limit, make sure that you don't set it too high as it can create a potential target for hackers or cyber attackers.
- Regularly monitor your account: Keep an eye on your account and transactions to ensure utmost security of your funds.
- Do not compromise on security: Never share your account details with anyone, and always ensure secure transactions through authentic sources.
Conclusion
Increasing the limit of your Standard Bank app can be done easily by following a few simple steps. However, while doing so, it is important to keep the security of your funds in mind, and not to compromise on it. We hope this guide will help you in increasing the limit on your Standard Bank app and make your online banking experience authentic and secure.
