HSBC are pleased to announce that, from the 13th November 2023, HSBC Personal customers will be able to personalise their daily digital payment limit.
The default limit remains £25k and can be flexed within a £1k – £50k range.
Payment limits for First Direct remain unchanged.
What happens if a payment exceeds the daily limit?
Payments which take the PSU over their chosen daily limit will be rejected at fulfilment.
Neither Token, or the bank, are able to provide information about PSUs individual payment limits, or about the reason for payment rejection.
Please ask the PSU to contact their bank directly for more information and to amend their payment limit if required.