Can we see Joe’s bank records, please? I mean, when I applied for a home mortgage, every deposit over $2,000 to my account was scrutinized. I guess banks want to make sure you are not a terrorist, or laundering money . Joe must have an offshore account, no?
Maybe this is the reason why....
**In response to COVID-19, the Federal Reserve System has implemented an “interim final rule” on Regulation D, which limits the number of monthly transactions on savings accounts and money market accounts.**