BAC-what a joke-

turns out that 3K a day at BAC is also limit for whole week. but that's not all-i called to couple other banks and they saying same thing-amount of money you can transfer via ACH very limited. some of the bank have a limit as low as 500$ per day.
i'm talking about ACH initiated from bank website. what is really going on in US?
first thing come to mind is article about electronic run on banks on september of 2008. maybe those current restrictions are result of this event?
 
Homeowner Foreclosures on Bank of America (Yes, You Heard That Right)
n a modern-day evocation of David's slingshot triumph over Goliath, a couple of foreclosed homeowners in Naples, Florida reportedly foreclosed on a Bank of America branch last week, their attorney actually having moving trucks pull up in front of a Naples branch to execute a foreclosure judgment against the bank.

What must have seemed to observers like a scene out of a parallel universe - you can see some video here - was actually the fair and logical conclusion to a situation which, the court had ruled, had an unfair and illogical start. In 2009, retired police officer Warren Nyerges and his wife, Maureen Collier, paid $165,000 cash for their 2,700 square foot home in the Golden Gate Estates subdivision, and never took a mortgage out on it. So imagine their surprise when, in Februrary of 2010, Bank of America initiated foreclosure proceedings against them. The Nyerges hired an attorney, Todd Allen, to defend them against the wrongful foreclosure, and the Bank eventually abandoned the matter.
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Quote from YuforaCapital:

Open another account with a different bank.
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done that long time ago with small local bank. better,old fashion service,better rates. cash now earning 2% on MM account,linked to regular checking and i don't have to pay for anything at all. checks are free. meanwhile BAC raised account minimums and raised all sorts of fees, if requirements are not meet. i just glad to see that someone from link above was able to f** them up. i wish that gvt let them all fail,regardless to the size. once saved -BAC became even more rude and ignorant ,while opposite should be true,since i'm,the taxpayer is the guy,who saved their ass.
 
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