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Im not able to transfer funds from one account to another but I have been able to do it in the past. What is wrong?

April 26, 2017able account funds past transfer wrong

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Im not able to transfer funds from one account to another but I have been able to do it in the past. What is wrong?

1 Answer

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Posted

You may have exceeded the number of allowed transactions on a non-transaction account. Regulation D requirements for non-transaction accounts, such as a Savings account or a Money Market account, prohibit more than six pre-authorized or transfer withdrawals made by computer, telephone, electronic terminal, ACH, or other similar device.