Overview

• ING Bank has introduced a default €2000 daily transfer limit for all Giro and Extra accounts via online banking and its mobile app.
• Customers can adjust their daily or one-time transfer limits, but increases only take effect after a mandatory four-hour delay to prevent impulsive transactions.
• Transfers from Extra accounts to pre-designated reference accounts remain exempt from the delay, ensuring faster processing for these transactions.
• The measures aim to protect customers from fraud schemes such as phishing and shock calls, which exploit rapid, high-value transfers.
• ING continues to advise customers to safeguard their personal credentials and never share login details, even with individuals claiming to be bank employees.