What are Oaken transfer out/in limits? | Oaken Financial | Discussion forum

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What are Oaken transfer out/in limits?
October 13, 2022
7:36 am
Alexandre
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Apologies if this were asked already, but what is Oaken transfer out limit to another FI, per transaction and daily/weekly.
Also, I am assuming transfer in from another FI, initiated at Oaken, does not have limit or limit is at least $100,000, but please correct me if I am wrong.
Thanks.

October 13, 2022
9:48 am
Dean
Valhalla Mountains, British Columbia
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It's been so long since I've moved $ in/out @ Oaken, that I don't remember their limits anymore. And it's generally not something I put to memory, anyway sf-smile.
.
But I'm sure you'll get the 'full-scoop' here ⬇

Let us know how it goes,

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

October 13, 2022
10:36 am
Norman1
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Their Help question says the limit is any amount under $10 million:

Are there maximum amount limits for sending a transfer?

Yes, transfers amounts cannot equal or be more than $10,000,000 (ten million dollars).

October 13, 2022
12:09 pm
Loonie
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For very large transfers, you need to check that the receiving FI will accept it.

October 13, 2022
1:43 pm
Alexandre
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I don't plan to transfer over CDIC insured amounts.
Thanks for the info. I usually go check FAQ and Help sections, but missed this time.

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