There are usually no fees associated with moving funds between accounts held in the same institution, with the exception of
excessive withdrawal fees, also known as withdrawal limit fees.
Where the Source is a savings account which has a periodic limitation on the number of withdrawals permitted, each transfer from such Source account to the Account to cover an Overdraft will count as a withdrawal and may result in
excessive withdrawal fees.
The Bank will not assess more than five
excessive withdrawal fees per statement cycle.
Transfers from another deposit account may be subject to transaction limits and
excessive withdrawal fees.
With few or no physical branch locations to pay for, online - only options for savings accounts generally require no maintenance fees or minimum balance, though they do charge
excessive withdrawal fees similar to traditional banks.
If you exceed these transaction limitations during any calendar month we may assess a per item
Excessive Withdrawal Fee or refuse to pay each transaction in excess of the limitations.
If you exceed the maximum withdrawals or transfers we may assess
an excessive withdrawal fee or refuse to pay each transaction in excess of the limits.
For Money Market Accounts, there is
an excessive withdrawal fee for over six (6) transfers of $ 10 per item which will be deducted from your account at the end of each statement cycle.
For Savings Accounts, there is
an excessive withdrawal fee for over six (6) transfers of $ 5 per item which will be deducted from your account at the end of each statement cycle.
The most common fee that Discover Bank's customers might encounter is
the excessive withdrawal fee.
In keeping with its goal of not charging significant fees, Discover's
excessive withdrawal fee is lower than most banks at $ 15.
Withdrawals and / or transfers exceeding the 6 per account cycle allowance will result in a $ 15
excessive withdrawal fee per transaction.
(2)
An excessive withdrawal fee of $ 5 will be charged for each transaction over six per month.
Withdrawals and / or transfers exceeding the six per account cycle allowance, will result in a $ 15
excessive withdrawal fee per transaction.
Typical savings accounts come with a monthly maintenance fee and
an excessive withdrawal fee; both can be avoided if you meet certain conditions in using your account.
Not exact matches
If your account has over three (3)
withdrawals per month, each
excessive withdrawal is assessed a
fee of $ 2.00 each
NDP: Update the Consumer Protection Act to cap ATM
fees at a maximum of 50 cents per
withdrawal; ensure all Canadians have reasonable access to a no - frills credit card with an interest rate no more than 5 % over prime; eliminate «pay - to - pay» by banks in which financial institutions charge their customers a
fee for making payments on their mortgages, credit cards, or other loans; take action against abusive payday lenders; lower the
fees that workers in Canada are forced to pay when sending money to their families abroad; direct the CRTC to crack down on
excessive mobile roaming charges; create a Gasoline Ombudsperson to investigate complaints about practices in the gasoline market.
The minimum
withdrawal is $ 100 in most cases but can go as high as $ 500 for such
withdrawal methods as bank wire transfers; we thought the latter amount was a little bit
excessive and it has some higher
fees attached to it also.
Be mindful of your transactions throughout the month so you can batch
withdrawals and avoid the
excessive transaction
fee.
They promised a guaranteed minimum
withdrawal benefit (GMWB) of 5 % in their heyday, but critics argued increasing payouts were unlikely because of rigid rules and
excessive fees (around 3.5 %).
• There will be an
excessive withdrawal transaction
fee assessed to all savings and money market accounts for each
withdrawal, ATM
withdrawal, preauthorized or automatic
withdrawal / transfer in excess of four per month.
Faced with a substantial decline in the MIP's market value, and with resulting pressure from the wrap providers — which were exposed to liability in the event of significant MIP fund
withdrawals — Fidelity responded by adopting an unduly conservative investment strategy that was contrary to the purposes of stable value fund investing, agreeing to allow the wrap providers to charge
excessive fees, and charging
excessive fees for its own account.
Excessive withdrawals result in a $ 5 per item
fee.
Each account is eligible to have one, but only one, of the eligible
fees (
Excessive Withdrawal, Insufficient Funds, Stop Payment, or Money Market Minimum Balance) waived in a calendar year.