Withdrawal Limits, Funds on Hold and Authorized Transits
Withdrawal limits
Daily limits on direct payments may be different from those for ATM withdrawals. Your caisse can change them based on your profile, needs and habits.
You can also temporarily change your daily limits for debit card purchases and ATM withdrawals on your own, depending on your profile type. Just log in to AccèsD, select the account you'd like to change, and then go to the Information tab.
If you don't have the option to manage your daily limits, or if you'd like to change your limits permanently, please speak to an advisor.
Contact an advisor:
Montreal area:
514-CAISSES (514-224-7737)
Elsewhere in Quebec, Canada and the US:
1-800-CAISSES (1-800-224-7737)
Transaction type (using your Desjardins Access Card) | Limit per transaction | Default daily limit | Personalized daily limit |
---|---|---|---|
Direct payments using the chip |
N/A* note |
$1,000 | Up to your available account balance |
Contactless payment |
$250 There's a limit on how many contactless transactions you can make in a row. After that, you'll have to insert your chip card and enter your PIN to proceed. |
||
ATM withdrawals |
Desjardins: $1,000* note AccuLink: $300* note International: $500* note |
$1,000* note | Up to $2,500 per day* note |
*If the ATM or merchant payment terminal has its own limit that's lower than the limit on your account, the lower limit will be applied. Back to note reference *
Transaction | Daily limit |
---|---|
Interac e-Transfers® note |
Sending: $5,000 per transfer, per 24-hour period Receiving: $25,000 per transfer |
Desjardins money transfers (on AccèsD or at ATMs) |
From an account: $5,000 per day Members under age 18: up to $5,000 per day From a Desjardins credit card: $1,000 per 24-hour period |
Funds on hold
Funds on hold are deposits that you've made to your account but which haven't cleared yet. The clearing process may take 5 to 15 days and applies to:
- Deposits made at ATM and in person
- Mobile deposits
- Transfers from another financial institution (excluding Interac e-Transfers)
See our hold funds policy (PDF, 2 MB) - This link will open in a new window
Authorized transits
An authorized transit is the maximum amount you can withdraw right after you deposit a cheque or receive a transfer. The caisse sets it when you open your account and can change it at any time.
You can also ask your caisse to change your transit or remove a hold on funds[ 1 ] note.
Types | Business days[ 2 ] note |
---|---|
Canadian items drawn from a financial institution in the same province as your caisse | 5 days |
Canadian items drawn from a financial institution in a different province than your caisse |
10 days |
Item in US dollars drawn from a US bank | 15 days |
Item in US dollars drawn from a Canadian bank outside of Quebec | 10 days |
Item in US dollars drawn from a Canadian bank in Quebec | 7 days |
Transfers from another financial institution (excluding Interac e-Transfers) | 7 days |
Cashing a cheque in US dollars
Cheques in US dollars must be deposited in person at a caisse. Make sure the cheque is in your name and that you’ve endorsed it by signing the back.
Cheques in US dollars are subject to longer hold periods. Depending on where a cheque was drawn, the clearing process may take 7 to 15 days. If a cheque is rejected by the issuing bank, you may need to pay service fees.
See how to cash a cheque in foreign currencies
Rejected transfers and cheques
The release of funds doesn't guarantee that a transfer or cheque is valid. They may be rejected 1 day to 6 years[ 3 ] note later for various reasons like insufficient funds, post-dated transfers or fraudulent cheques.
When a transfer or cheque is rejected, the amount must be repaid immediately and will be withdrawn from your account.
3 ways to prevent holds on funds
Use electronic payments where your funds will become available as soon as possible.
Need more information?
Call us.
Montreal area:
514-CAISSES (514-224-7737)
Elsewhere in Quebec, Canada and the US:
1-800-CAISSES (1-800-224-7737)