I have a significant amount deposited in one of those banks (decline to say which), and I don’t know how to withdraw it because of the disgusting withdrawal limit mandated by the government.
See post #8
I take it you are talking about ACH transfers from your bank account to a different bank that you have an account with. Banks are able to set their own transfer out limits. If your money center bank has draconian transfer out limits, write a paper check. Before the financial crisis hit in 08, I was ping ponging money between a money center bank(MCB) and my CU for better CD rates. Then out of the blue the MCB put a $2K limit on transfers out about 6 months before the financial crisis hit. That ticked me off. I had to drive 100 miles to the nearest MCB branch office to close out my account. I wasn’t in any danger of exceeding the FDIC insurance limit. It just smelled bad, and I was right..