Answer:
Yes, you can always be tougher than the Reg D limits.
First published on BankersOnline.com 06/23/03
Reg D & Limiting To Only Three Savings Account Transactions
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Question:
When I was reviewing our new bank disclosure for truth in savings and EFT, I noticed there was a change made on transaction limitations for savings accounts. The disclosure states that only three transactions are allowed instead of the reg's six. Is this considered to still be in compliance since it is less than the reg as long as they allow the six?
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