remyers on Nostr: TIL that Wells Fargo only lets you transfer $500 to a newly added external account if ...
TIL that Wells Fargo only lets you transfer $500 to a newly added external account if that account is from $cashapp. The default is $5000 for a bank or credit union. Support told me they have a different lower limit due to "fraud" risk but give no message about why higher transfers failed on the web site.
Is this just a blatant attempt to supress a competitor with a new more dynamic business model?
Tell your lawyers
jack (nprofile…hcpn) I'd be happy to provide evidence about my experience.
Published at
2024-09-27 12:43:30Event JSON
{
"id": "4a090d9fe5711b1828080a18427ca8659efefab8a7afac8af27920ff17145efd",
"pubkey": "276dbf1210c9344548dcf8fc826958e97cfa871f9824e11b60cac04076ab2fb8",
"created_at": 1727441010,
"kind": 1,
"tags": [
[
"p",
"82341f882b6eabcd2ba7f1ef90aad961cf074af15b9ef44a09f9d2a8fbfbe6a2",
"",
"mention"
]
],
"content": "TIL that Wells Fargo only lets you transfer $500 to a newly added external account if that account is from $cashapp. The default is $5000 for a bank or credit union. Support told me they have a different lower limit due to \"fraud\" risk but give no message about why higher transfers failed on the web site.\n\nIs this just a blatant attempt to supress a competitor with a new more dynamic business model?\n\nTell your lawyers nostr:nprofile1qqsgydql3q4ka27d9wnlrmus4tvkrnc8ftc4h8h5fgyln54gl0a7dgspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqg5waehxw309aex2mrp0yhxgctdw4eju6t0qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyfehcpn I'd be happy to provide evidence about my experience.",
"sig": "ce6f2f615980c7ac2fa40ad2cbd25f2dc494fe2b2a8bae81e9e177830f620d30898248279572bf13d463a0c4631ce53a9ea7d90e7c40e647748ea0ae91e6c20c"
}