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Work around limit caps for Commbank Australia

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by COINS NEWS 57 Views

So I've just discovered today that Commbank has a monthly transfer limit of $10,000 for crypto - which is utterly ridiculous. The fact they can decide what I do with my money is half the reason I'm in crypto. I was just wondering what a work around for this is? I considered transferring to another bank but I'm getting mixed information on which do and don't block crypto transfers, and it seems most if not all will flag/close a brand new account which immediately makes a large transfer to a crypto exchange.

What's the solution then? Is it possible to transfer to Paypal and then send to the exchange via them? Or will it be the same story? What do people in Australia do to combat this?

submitted by /u/Brainwash_TV
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