Yes, this limit is subject to ZA Bank’s daily registered payee transfer limit (if you set up your e-CNY wallet as a registered payee) or non-registered payee transfer and global transfer limit (if you do not set up your e-CNY wallet as a registered payee).
There are also limits on how much e-CNY can be added to your wallet. For more information on the specific limitations and other questions about e-CNY, please refer to the display within the e-CNY App or contact the e-CNY institution for confirmation.