If you have connection issues with MtGox when you try to process a withdrawal, they can apply the amount towards your daily limit but cancel the transaction. So let's say you try to withdraw $500, and for whatever reason it fails. So you then try again and it fails. The third time, you're now at your daily limit. No cause for alarm, but definitely a cause for annoyance. Try again tomorrow.
Thanks for the info.I do fully understand the daily and monthly limits. I have been withdrawing my daily limit of $1000 everyday for the last week trying to beat the Coinlab switch. Still stuck with almost 20k USD there. At my monthly limit soon
and not sure how to move the rest out yet. I don't want to purchase anymore Bitcoins as I have already invested what I want until after the move to Coinlab is over.