News Internet Banking made simpler
First Option is always looking for ways to make your banking experience simpler and more flexible.
Therefore the standard daily limit for external Internet Banking transfers, without the need for a One Time Password, is now $2,000 per account.
For Members not familiar with One Time Passwords, you can choose to receive them via Security Token, 3G phone application or SMS message. Whatever suits your needs!
For Members not familiar with One Time Passwords, you can choose to receive them via Security Token, 3G phone application or SMS message. Whatever suits your needs!
Your options if you currently do not have a One Time Password:
- Do nothing! Your daily limit for Internet Banking is now $2,000 per account.
- Contact us if you want your daily limit to remain at $500 per account.
- Apply for a One Time Password if you want a daily limit of more than $2,000 per account.
Your options if you currently have a One Time Password:
- Do nothing! Continue to use your One Time Password and your daily limit will remain at $5,000 on your main transaction account (or the limit you have had approved). Note: The daily limit on your other accounts will increase to $2,000 per account.
- Contact us if you want to stop using your One Time Password - your daily limit on each of your accounts will then be $2,000.
Remember, we are here to support you. There is a solution to meet every Members' needs. If you wish to make a change, please log in to Internet Banking. There you will be given the options listed above. Simply choose the one that best suits your needs.
If you need further assistance, please contact our friendly Member Service Team or read the additional product information about One Time Passwords on our Internet Banking page.
