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Sunday, July 24, 2011 - 9:09 AM
Wtdirect Online Fund Transfer Changes Effective 8/23 And 8/26
WTDirect (0 stars) - DetailsAnnouncement at login this morning:
IMPORTANT INFORMATION ABOUT ONLINE FUND TRANSFERS:
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They offer no further details. If anyone uses M&T Web banking and can share information such as, for example:
1. is there a limit on the number of external accounts
2. are there fees for using the transfer services
3. transfer times (in and out)
it would be most appreciated.
IMPORTANT INFORMATION ABOUT ONLINE FUND TRANSFERS:
- August 23, 2011is the last day to transfer money to accounts at other financial institutions using the Bank to Bank Transfer Feature.
- August 26, 2011 is the last day to transfer money between your Wilmington Trust and WTDirect accounts.
************************************
They offer no further details. If anyone uses M&T Web banking and can share information such as, for example:
1. is there a limit on the number of external accounts
2. are there fees for using the transfer services
3. transfer times (in and out)
it would be most appreciated.
3
1. Sunday, July 24, 2011 - 9:47 AM
Found a post from Ken dated 5/18/10 which answers at least one of my questions.
http://www.depositaccounts.com/forum/thread/mt-banks-new-fee-300-for-banktobank-transfers.html
At M&T inbound bank-to-bank transfers are free. A $3.00 transfer fee will be charged for each transfer you make from your M&T account to your accounts at other financial institutions.
Many other institutions offer free bank-to-bank transfers, so I'll close my account at WTD in late August.
http://www.depositaccounts.com/forum/thread/mt-banks-new-fee-300-for-banktobank-transfers.html
At M&T inbound bank-to-bank transfers are free. A $3.00 transfer fee will be charged for each transfer you make from your M&T account to your accounts at other financial institutions.
Many other institutions offer free bank-to-bank transfers, so I'll close my account at WTD in late August.
2

