Absolutely, Angel. It's frightening that other people who cannot control themselves or run their own lives successfully are so intent on controlling every aspect of other people's lives. I guess that if they pay enough attention to this kind of thing, they can forget their own problems for a while. Pathetic, isn't it?
Quote: A lot of people don't know it, but you are only allowed six withdrawal transactions per month from a savings account in the US now.
Is that a law (cite), or some bank's rule?
I know time deposits (savings accounts) could/do require up to 90 days notice for withdrawals. In practice, competition prevents enforcement, but AFAIK, it's still there.
It seems that limit of six transactions only applies to covered transactions, which are mainly transfers to a third party. There is no apparent limit on taking your money out in person or at an ATM.
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