Yes. Please see more detailed information below.
- Top ups are affected by the holding limit of S$ 5,000.00 for the total value in both General and Digital Goods wallets, so you may not top up more than $5,000.00 at any given time. Please note that any amount in a valid, unexpired top-up request will also count towards that limit.
For example, if you have $150.00 in your Digital Goods wallet and $50.00 in your General Wallet, you may only file a top up request of no more than $4,800.00.
- Withdrawals will also be affected, since no more than $5,000.00 can be stored in your Xfers wallets at any given time, you can only withdraw in batches for amounts not larger than $5,000.00.
For example, if you have $8,000.00 worth of assets in the merchant, you may only withdraw the first $5,000.00 into your Xfers wallet, file a withdrawal request, and wait for your wallet balance to return to $0.00 before you can withdraw the remaining $3,000.00.