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Wire Transfer Limits - the Restrictions on Boa Rewards Savings Accounts
#1
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?
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#2
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?
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#3
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?
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#4
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?
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