Ah, PayID, the darling of Aussie instant payments. The maximum transfer limits depend on your bank's policies, but generally, you're looking at somewhere between $10,000 to $25,000 per transaction. Daily limits can vary too, so if you fancy sending a small fortune, check with your bank first. Keep in mind, it's meant for quick, everyday transfers, not buying a house. For serious dosh movements, you might want to explore traditional bank transfers or other payment methods.
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