Answer:
In general, preauthorized ACH debits are counted into the "6" bucket, and not the "3" bucket. I think you're safe using the larger limit here.
First published on BankersOnline.com 04/21/03
Withdrawal Limitations: Weekly ACH Debit Of Savings Account
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Question:
A business deposits lottery funds daily into a Savings Account. The account is debited weekly by ACH. Is this activity subject to the 3 or 6 withdrawal limitation per month?
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