Will my SEFCU OnLine transactions count toward Regulation D funds transfer limits?
A. Yes. Transfers from MINT and Preferred accounts are included in the six-transfer limitation required by Regulation D. Transfers to SEFCU loans or withdrawals by check are excluded from this count. Regulation D limits the number of electronic transfers or pre-authorized debits from savings accounts to six per account, per month.
Related Questions
- Transfer funds between your savings, checking and loan accounts. Federal Regulation D limits may apply. See section below entitled Does Federal Regulation D apply to CU@U - Internet Branch transfers?
- How can I get information about Fidelity Electronic Funds Transfer transactions in brokerage and college savings plan accounts?
- Will my SEFCU OnLine transactions count toward Regulation D funds transfer limits?
