Or requires the transfer to be carried out over several days (which has already been acknowledged as a workaround).
A lot of the time, if taking a few days to do it is a problem then that will reflect lack of planning on the part of the customer. If this is something that is done once a year, every year, at the same time of year then it is possible to plan for the fact that it will take 3 days.
I too have been in the situation of having to carry out multiple transactions (business day after business day), and have had that situation with lots of different banks. However I accept that having a transaction limit is a good thing, that protects me, and I am happy to have the occasional hassle of doing multiple transactions.
In passing I note that the transaction limit is bypassed when paying your tax.
Doing 2FA via mobile is not all it’s cracked up to be. There have been documented cases of successful fraud where the mobile number itself has been compromised.
Cryptotoken technology (such as you use) is potentially a more secure solution. Getting the infrastructure in place on the server side is not a 5 minute job though - so if complaining to the bank asking for support of that technology, it won’t yield instant results (if at all - and I predict most banks would ignore such a request by a customer). We wouldn’t want the implementation to be rushed and for them to stuff up and make it less secure rather than more secure.
At one time ANZ distributed USB-connected chip card readers for home use i.e. you can do the transaction at home but with the same level of security as if your card were being presented (to an ATM / in a branch / in an EFTPOS terminal). I suspect that that is no longer offered.??