HATC SAMPLE EDITION:    Politics & Foreign Relations    Economic News    Business News    Other News of Interest    All stories	19th April, 2024 OTP limits online and mobile transfers OTP bank will automatically set a daily limit transfer of Ft 1 million for internet and mobile banking transactions for retail customers starting May 8. Clients can manually change these limits, the bank added. The limits do not extend to transfers between clients’ own accounts. The MNB said in a recent report that setting limits helps to minimise losses in case of fraud, as around 85% of fraudulent transfers exceed Ft 1 million in value. Scammers caused a total of Ft 5.1 billion in damages in 3,537 cases in the fourth quarter of last year. Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).
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