M&T Bank's New Fee: $3.00 for Bank-to-Bank Transfers

M&T Bank has just added a $3.00 fee for each transfer you make from your M&T account to your accounts at other financial institutions. A reader reported being informed by M&T Bank of this new fee. This Bank to Bank Transfer page at M&T has recently been updated with details of the fee.

Hat tip to the reader spencer_jr who mentioned this news in the Open Discussion Thread.