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What is the ATM withdrawal limit and can it be increased?

The ATM withdrawal limit is $1,000 per day and cannot be increased. If you need to withdraw more than $1,000, this can be done at an IMB branch. Please note, if you wish to withdraw more than $2,000 the branch will require 24 hours’ notice.

If you don't need to withdraw cash, then you can transfer up to $5,000 per day to another person's account or to another institution via electronic funds transfer in Internet Banking or the IMB Mobile App. Internet and App Banking also feature Osko® payments, which are processed within seconds compared to the 1-2 business day processing time for a regular bank transfer. However, Osko is limited to $1,000 per day and any Osko transactions contribute to the overall $5,000 daily transfer limit.

For transfers larger than $5,000, contact our team on 133 462.

® Osko is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518.

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