7:23 am
November 8, 2018
For those who consider Neo Financial but have not registered for an account yet, these are options to link Neo Financial Savings account to another bank.
But, first, limits: $30,000 outbound to linked external bank, and $100,000 limit for inbound from external bank account, per transaction.
See these limits and more in Neo Savings Disclosure Statement: https://www.neofinancial.com/savings-disclosure
One can link Neo Financial as external account to their other bank. In Neo app, open Savings, select Deposit, choose Direct Deposit and you'll see your Transit/Bank/Account numbers and Branch postal address.
This information can also be downloaded as PDF file, which you can email or upload from smartphone, for your reference.
To link external account to Neo Financial, in Neo app under Savings/Deposit choose "Add a linked account" and you'll see a menu with list of banks that can be linked.
Many familiar bank names present, but if your bank is not on that list you are out of luck: you can't enter Transit/Bank/Account numbers manually, you must choose bank from the list.
That list currently includes 16 banks.
6:40 am
September 30, 2017
7:42 am
November 8, 2018
5:44 am
August 6, 2018
Alexandre said
For those who consider Neo Financial but have not registered for an account yet, these are options to link Neo Financial Savings account to another bank.But, first, limits: $30,000 outbound to linked external bank, and $100,000 limit for inbound from external bank account, per transaction.
See these limits and more in Neo Savings Disclosure Statement: https://www.neofinancial.com/savings-disclosureOne can link Neo Financial as external account to their other bank. In Neo app, open Savings, select Deposit, choose Direct Deposit and you'll see your Transit/Bank/Account numbers and Branch postal address.
This information can also be downloaded as PDF file, which you can email or upload from smartphone, for your reference.To link external account to Neo Financial, in Neo app under Savings/Deposit choose "Add a linked account" and you'll see a menu with list of banks that can be linked.
Many familiar bank names present, but if your bank is not on that list you are out of luck: you can't enter Transit/Bank/Account numbers manually, you must choose bank from the list.
That list currently includes 16 banks.
I didn’t realize there are limits pulling from Neo. I tried to pull more than $30,000 and got reversed. Does this mean I just need to retry with multiple transactions smaller than $30,000? Is there a daily limit?
4:20 pm
August 6, 2018
con6450 said
I didn’t realize there are limits pulling from Neo. I tried to pull more than $30,000 and got reversed. Does this mean I just need to retry with multiple transactions smaller than $30,000? Is there a daily limit?
So apparently you can do multiple $30,000 transactions, push from Neo for sure but sounds like pull from Neo as well. Well such an arbitrary restriction.
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