I was charged a $75 fee to transfer an expired IRA CD to another bank! Because of the new banking laws, it is difficult to just take a check from one bank for an expired CD and take it to a new bank to open a new IRA CD. Only once per year are you allowed to take a check to a new bank. After the first rollover, You must now request the new bank request the old bank mail a check directly to them,. Are we now at the mercy of the banks to pay transfer fees because of the new banking laws, or is there a way around this?