How do I change the payment limit or expiry date of my linked bank account?

03 Nov 2023
1 min read
Written by Saurab Gupta

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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Instarem stands at the forefront of international money transfer services, facilitating fast and secure transactions for both individuals and businesses. Our platform offers competitive exchange rates for popular currency pairs like USD to INR, SGD to INR, and AUD to INR. If you're looking to send money to India or transfer funds to any of 60+ global destinations, Instarem makes it easy for you. We are dedicated to simplifying cross-border payments, providing cutting-edge technology that support individuals and businesses alike in overcoming traditional fiscal barriers normally associated with banks. As a trusted and regulated brand under the umbrella of the Fintech Unicorn Nium Pte. Ltd., and its international subsidiaries, Instarem is your go-to for reliable global financial exchanges. Learn more about Instarem.