Today I Received A Letter From Bank Of America Notifying Me That I Wrote More Then3checks On My

devan2010
  |     |   1 posts since 2010

Today I received  a letter from Bank of America notifying me that I wrote more then3checks on my money market account.I called the bank & told them according to New FDIC regulation D I am allowed 6^ transaction It could be all 6 checks.But they are insisting with the old regulation. It is shame that customer has to tell BOFA the new rules

Anonymous
  |     |   824 posts since 2010
Re Devan2010 #381: You are right about the new FDIC rules. However, the bank can have stricter rules if it wants to. Apparently BoA has not loosened its rules so far.

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