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SFGI (Summit Bank) ACH Policy

YU5120
  |     |   1 posts since 2019

I was just informed that SFGI Direct (Summit Bank) has changed their ACH policy. You no longer can "pull" money via ACH from your account. They already limit to one the number of accounts available to "push" funds from the account. I guess that's he way you restrict money movement rather than have competitive rates.

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GH1
  |     |   1,058 posts since 2017
Is that legal?
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