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What does it mean that the failed payment transaction exceeds the single account limit?
1, it's a transfer or something that exceeds the maximum amount of transfer and remittance allowed in this account every day. Either the account money is not enough, or you won't be allowed to transfer it when there is so much money. It's the same as the ATM withdrawal limit.

2. Due to the consumption or payment limit set in the personal account of, if the consumption or payment is higher than the set limit, the payment will be unsuccessful. Whether it is a bank or a third-party payment, such as Alipay, there is a limit on each payment. If it exceeds this limit, it will not succeed.

Extended data

1. The transfer limit refers to the maximum amount when transferring money from a wealth account to other accounts except the associated card and agreement account. If the transfer limit is exceeded, the transfer instruction will not be executed.

Transfer limit:

Features:

1, there is a single transfer limit and a total monthly transfer limit.

2. The default single transfer limit and total monthly transfer limit are 1 10,000 yuan.

3. Customers can set their own transfer limit through bank counters and professional version of wealth account, which must be verified by ID card.

Baidu encyclopedia-transfer limit