+- Forum Banking (http://www.forumbanks.com)
+-- Forum: My Category (http://www.forumbanks.com/forum-1.html)
+--- Forum: Retail & Consumer Banking (http://www.forumbanks.com/forum-5.html)
+--- Thread: Wire Transfer Limits - the Restrictions on Boa Rewards Savings Accounts (/thread-775.html)
Wire Transfer Limits - the Restrictions on Boa Rewards Savings Accounts - ClarkIsaiah - 04-23-2024
Okay, I've been reading about the wire transfer limits for Boa Rewards savings accounts. It seems truly restrictive! Is there a specific amount they'll permit me to transfer, or is it based on transaction volume?
RE: Wire Transfer Limits - the Restrictions on Boa Rewards Savings Accounts - KairoJeremias - 04-23-2024
Exactly! They state a maximum of $5, 000 per transfer. However, that doesn't account for the fees included, which can considerably impact the final amount obtained. Any insights on how these limits are calculated would be helpful?
RE: Wire Transfer Limits - the Restrictions on Boa Rewards Savings Accounts - JeremiahMaddox - 04-23-2024
I've noticed some consumers reporting issues with transferring larger amounts - exceeding $5, 000 - even with numerous transfers. Is there a maximum transfer limit that they impose throughout all accounts, or is it account-specific?
RE: Wire Transfer Limits - the Restrictions on Boa Rewards Savings Accounts - JedidiahSage - 04-23-2024
I'm striving to figure out if the wire transfer limits are tied to specific recipient locations - perhaps due to international regulations or compliance requirements. Any information on this would be valuable?