How to transfer a large amount of money with AMP Bank in 2025
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Sending large amounts of money across borders can be complex, but AMP Bank makes it simple and secure. With competitive exchange rates, transparent fees, and reliable processing, you can send high-value transfers with peace of mind.
Whether for business, investments, or personal reasons, AMP Bank ensures your money reaches its destination safely and efficiently.
What are the limits for large money transfers with AMP Bank?
AMP Bank sets a default daily transfer limit of AUD 5,000 per payee account. However, customers can increase this limit up to AUD 250,000 per payee account per business day through the My AMP platform.
Requests to increase the limit above AUD 100,000 are subject to additional security reviews and typically take up to three business days to process.
Is AMP Bank safe for large transfers?
AMP Bank employs multiple security measures to protect your funds during large transfers. These include multi-factor authentication (MFA), 24/7 fraud monitoring, and the use of firewalls and encryption to safeguard your internet banking activities.
Additionally, AMP Bank provides guidelines to help you protect your access cards and security codes.
How to make large transfers with AMP Bank?
Here’s a step-by-step guide to making a large transfer with AMP Bank:
- Sign up or log into your My AMP account.
- Navigate to the ‘Payments & Transfers’ section.
- Enter the transfer details, including the recipient’s information and amount.
- Choose your payment method, such as a bank transfer.
- Verify your identity if required for high-value transactions.
- Confirm and send. Track your transfer in real-time through the My AMP platform.
For international transfers, AMP Bank does not currently support sending funds overseas.
How long do large transfers take with AMP Bank?
| Transfer Method | ETA |
|---|---|
| Online Banking (Domestic) | Same day if before 4:00 PM AEST |
| Online Banking (Domestic) | Next business day if after 4:00 PM AEST |
| International Payments | Not supported |
What’s the maximum transfer limit with AMP Bank?
| Transfer Method | AMP Bank Maximum Transfer Limit |
|---|---|
| Online Banking (Domestic) | Up to AUD 250,000 per payee per day |
| International Payments | Not supported |
Why is Instarem a better choice for large money transfers?
- Exclusive discounts for large transfers – more money where it matters
- Fast, secure transfers you can trust
- Track your transfer every step of the way
- Personalised support from our dedicated large transfers team
- Extended rate lock-in for added peace of mind
Make large money transfers with Instarem
First time transfer?
Get a special FX rate on your transfer! Send between USD 1 and USD 9,999 today.
The information provided is for general guidance only and may vary based on your location and transaction details. Please check AMP Bank’s official website for the latest policies and limits.
