How many transfers per statement cycle can I make from my Passbook Savings, Statement Savings or Money Market Checking accounts?
Transfers out of these accounts by Internet Banking do count toward the allowable maximum number of “pre-authorized” transfers per statement cycle. Federal regulations currently allow a maximum of six (6) such transfers within a statement cycle per account. For further details please refer to The First National Bank of Suffield’s account disclosure brochure that you were given upon opening these accounts. Or you may call any of our branch offices to obtain a new brochure or request clarification on this federally mandated limitation.
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