What accounts does Regulation D affect and how?
All Savings Accounts and Money Market Deposit Accounts are subject to Regulation D. During any month, you may not make more than six withdrawals or transfers to another bank account of yours or to a third party by means of a pre-authorized, automatic transfer or telephone order or instruction, or whether initiated by check, draft, debit card (if applicable) or similar order to a third party. This includes online banking account transfers and bill payments.
