What are the external transfer limits Thumbnail

What are the external transfer limits

Standard outbound limits: Clients are eligible for standard outbound transfers up to $25,000 that are completed within 3 business days (provided that funds are available).  These transfers must be submitted by 10PM ET/1AM PT for current day processing.  Transfers submitted after this time are processed on the following business day. For standard outbound transfers, the client must wait until an outstanding transfer(s) that exceeds $25,000 has settled before another transfer can be made and the monthly limit on outbound transactions is $125,000. You may be eligible to transfer additional amounts in excess of these limits by calling our contact center at 877-369-BRIO.

Note: There may be additional limits for security reasons on the frequency and dollar amount of transfers you can make.   For transfers to an account held at another financial institution, the name on the recipient’s account must match the name on your savings account. In the event that we determine that there are risks associated with a transfer we may delay or cancel the transfer and notify you, or direct you to contact us to provide additional information. Transfer limitations may be modified by Sterling National Bank at any time without notice.

All deposit products are provided by Sterling National Bank, an insured FDIC institution. BrioDirect is a sub-brand of Sterling National Bank. Sterling National Bank operates under the trade name BrioDirect. This trade name is used by, and refers to, Sterling National Bank, a single FDIC-insured bank.

Accounts that are opened via www.briodirectbanking.com and marketed by BrioDirect are Sterling National Bank accounts. Deposits in these accounts are made with Sterling National Bank. For purposes of determining how much FDIC insurance is applicable to your accounts, you need to consider not only the BrioDirect online savings or CD accounts that you maintain, but also all other accounts you maintain at Sterling National Bank.