Federal regulations limit electronic transfers from savings accounts, but individual transactions are not restricted by number, only by dollar-value limits. Some banks may impose additional fees for exceeding monthly transaction limits.
Electronic transfers from savings accounts are limited under federal regulations. Our system does not limit the number of individual transactions up to your established dollar-value limit. Some bank services may have monthly transaction limits and charge you an additional service fee. Consult with your bank to find out if your bank imposes additional fees.