How to transfer a large amount of money with Bank of Queensland in 2025
This article covers:
- What are the limits for large money transfers with Bank of Queensland?
- Is Bank of Queensland safe for large transfers?
- How to make large transfers with Bank of Queensland?
- How long do large transfers take with Bank of Queensland?
- What’s the maximum transfer limit with Bank of Queensland?
- Why is Instarem a better choice for large money transfers?
Sending large amounts of money across borders can be complex, but Bank of Queensland (BOQ) 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, BOQ ensures your money reaches its destination safely and efficiently.
What are the limits for large money transfers with Bank of Queensland?
BOQ offers various transfer limits based on the payment method and account type:
- Pay Anyone (Domestic Transfers): Daily limits range from AUD 2,500 to AUD 25,000, depending on your selected limit package. To increase your limit, contact your local branch or relationship manager.
- BPAY Payments: Daily transfer limits range from AUD 10,000 to AUD 200,000, aligned with your Pay Anyone limit package.
- International Payments: Minimum transfer amount is AUD 100. There is no specified maximum limit; however, large transfers may require additional verification.
- RTGS Payments: Maximum per transaction limit is AUD 250,000. These payments are suitable for high-value domestic transfers.
- BOQ SmartFX® Platform: Designed for business customers, this platform facilitates large international transfers with no specified maximum transfer limit.
Is Bank of Queensland safe for large transfers?
BOQ employs multiple security measures to protect your funds during large transfers. These include multi-factor authentication (MFA), 24/7 fraud monitoring, and secure encryption protocols.
Additionally, BOQ provides guidelines to help you protect your access cards and security codes.
How to make large transfers with Bank of Queensland?
Here’s a step-by-step guide to making a large transfer with BOQ:
- Sign up or log into your BOQ Internet Banking or myBOQ app.
- Navigate to the ‘Payments’ section and select the appropriate transfer type (e.g., Pay Anyone, 3. BPAY, International Transfer).
- Enter the transfer details, including the recipient’s information and amount.
- Verify your identity if required for high-value transactions.
- Confirm and send. Track your transfer in real-time through the BOQ app or website.
For international transfers, ensure you have the recipient’s full name, address, account number, and the SWIFT/BIC code of their bank. Depending on the destination country, an IBAN may also be required.
How long do large transfers take with Bank of Queensland?
| Transfer Method | ETA |
|---|---|
| Pay Anyone (Domestic) | Same day to 1 business day |
| BPAY | 1–2 business days |
| International Transfers | 1–3 business days |
| RTGS Payments | Within 2 hours (if submitted before 4:00 PM Sydney time) |
What’s the maximum transfer limit with Bank of Queensland?
| Transfer Method | Bank of Queensland Maximum Transfer Limit |
|---|---|
| Pay Anyone (Domestic) | Up to AUD 25,000 per day |
| BPAY | Up to AUD 200,000 per day |
| International Transfers | No specified maximum limit |
| RTGS Payments | Up to AUD 250,000 per transaction |
| BOQ SmartFX® Platform | No specified maximum limit |
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?
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The information provided is for general guidance only and may vary based on your location and transaction details. Please check Bank of Queensland’s official website for the latest policies and limits.
