I'm trying to withdraw money from my savings account, but the transaction is not going through. I'm wondering why this is happening. Is there a limit or a specific rule that's preventing me from accessing my funds?
7 answers
benjamin_rose_author
Fri Nov 29 2024
These limits pertain to the number of withdrawals that can be made from savings accounts.
CryptoConqueror
Fri Nov 29 2024
Savings accounts are subject to certain regulations as stipulated by federal rules.
Emanuele
Fri Nov 29 2024
Under the regulation, consumers are penalized if they exceed the withdrawal limit.
Claudio
Fri Nov 29 2024
Regulation D is one such rule that governs the operations of savings accounts.
ZenFlow
Fri Nov 29 2024
Specifically, the limit is set at six withdrawals per month.