Regulation D (FRB)

Quote from Bob111:

wtf was that?

http://en.wikipedia.org/wiki/Regulation_D_(FRB)

tried to move my money and run into this s**
how is this suppose to work, for example,if i set automatic withdrawals to invest money from saving account into IRA?

Banks rely on infrequent withdrawals from savings accounts to manage their reserve requirements.

Your answer is to have the IRA funded from a current/demand deposit account.
 
i want the best of both-earn some $ on savings acc and automatic investing every week into IRA. nope..can't have it
 
Back
Top