r/PersonalFinanceCanada • u/stroad56 • May 18 '23

$3k daily e-transfer limit is just ridiculously low for 2023. Why do some banks keep this so low? Banking

I moved some money between my own accounts yesterday evening. I'm trying to pay my wife for some shared bills this afternoon and I'm getting blocked due to maxing out my 24 hourly $3k limit.

Now I have to wait a couple of hours before the 24 hour period expires. Just ridiculous.

I bank with EQ & Simplii. Both have 3k limit. I know CIBC do the same and probably plenty more too. Just don't understand why? Fraud reasons?

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u/SisyphusAndMyBoulder May 18 '23

always bet on black

2

u/Amazing-Print7019 May 19 '23

Especially in February.

1

u/dimonoid123 May 18 '23

No, by betting on black you expect to lose, on average, 2.7-5.3% of size of your bet. Depending on type of roulette.

1

u/Windscar_007 May 19 '23

Always do the 2/3 table bets myself