This is typical around the world. This is probably because it's a very practical way to limit losses if someone did gain access to your online banking.
When I lived in Australia, which I believe has a very modern banking system, I couldn't instantly send more than $5k a day. The one time I needed to send more money, I was fine with going into a branch.
When I lived in Australia, which I believe has a very modern banking system, I couldn't instantly send more than $5k a day. The one time I needed to send more money, I was fine with going into a branch.