When you connect a bank account via PayTo in Spriggy, a PayTo agreement (called a mandate) is set up between Spriggy and your bank.
The limit on that mandate depends on which Spriggy Product you are using:
If you connect your bank account to Spriggy Pocket Money, your mandate starts at $240.00
If you connect your bank account to Invest, your mandate will be $10,000.
If you sign up with Spriggy Pocket Money and proceed to add Spriggy Invest, Spriggy will automatically request an increase to $10,000; you'll just need to approve the updated agreement in your banking app.