I just checked with UOB and they told me that they have no such limits and no plans for it. If that is true and it depends on the banks what they decide to do, I will move my account to UOB.
It is ridiculous what the Government is doing with foreigners living here. They want more money from us by taxing money transfers from abroad and potentially even global income, but at the same time limiting our ability to use our money as we wish.