Limits on transactions and on total transactions value per day (performed through Fastbanking)

In its desire to continue offering its customers flexible services in accordance with its customers’ needs and in order to further protect its customers with regard to performing online operations in maximum safety conditions, Bancpost provides modern solutions for account access management through:

  • the possibility of having differentiated access to accounts
  • the possibility of implementing complex signature schemes 
  • introducing transaction limits
  • introducing limits on total transactions value per day

Fastbanking customers may choose anytime to modify the transaction limits (by types of operations and also by groups of users) the limits on the total transactions value per day, the total transactions value per day limits and the account access restrictions, by referring to any Bancpost unit.

Therefore, Fastbanking customers have the following benefits, both upon the conclusion of the Fastbanking Agreement and throughout the performance of the agreement:

  • setting/modifying transaction limits and total transactions value per day limits
  • setting/modifying transaction limits by groups of users
  • setting/modifying account access restrictions

The transactions performed via Fastbanking exceeding the limit pre-established by the bank are subject to the approval procedure, depending on the ceiling.

 

LIMITS ON TRANSACTION

Transactions in RON

  • Payment orders: 15.000 RON
  • Transfers: 50.000 RON

Transactions in Foreign Currency / EUR Equivalent 

  • Payment orders: 15.000 EUR

 

LIMITS ON TOTAL TRANSACTIONS VALUE PER DAY

Transactions in RON

  • Payment orders and Utility payments: 20.000 RON

Transactions in Foreign Currency / EUR Equivalent 

  • Payment orders: 20.000 EUR

 

NOTES:

  • The EUR equivalent amount shall be calculated at the NBR exchange rate of the day when the transaction is processed.

Natural persons may request limitation of transactions by groups of users.

The requests have to be consistent with the signature specimen submitted to the unit.

The transaction limits may be set/modified within the limit pre-established by the bank or within that approved by the bank, according to the requests.

  • The maximum limit for currency exchange operations is EUR 10,000/transaction and it cannot be modified via Fastbanking (only at the counter).