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remyers /
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2024-09-27 12:43:30

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.
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