Click to return to BOL home page
Banker Store Read A Reg Vendor Connect Career Connect Learning Connect Bankers Information Network

   

















    Site Map

    Our Sponsors

    Home













Compliance Gurus
Lending Gurus
Security Gurus
Marketing Gurus
Technology Gurus
eBanking Gurus

Print Friendly! Email This Article! Discuss NOW!


Money Market Account
by Jim Bedsole
BIO AND CONTACT INFO

Question: Do Internet banking transfers from a Money Market account to a transaction account count in the 6/3 rule?

Answer: Yes, these types of transfers would count toward the limit of six transfers per month limit. They would not count toward the three transfer limit that applies to checks, drafts, & similar instruments payable to 3rd parties.

First published on BankersOnline.com 10/1/01







Home | Compliance | Lending | Operations | Security | Marketing | Technology | eBanking
BOL Archives    Privacy Policy    Important Disclaimer   Recommend This Site !   Contact Us


BankersOnline is a free service made possible by the generous support of our advertisers and sponsors. Advertisers and sponsors are not responsible for site content. Please help us keep BankersOnline FREE to all banking professionals. Support our advertisers and sponsors by clicking through to learn more about their products and services.