@goldsheet said in Best Nationally Available High APY Liquid Accounts:
RE: Republic Bank Digital Money Market
"Bank does not offer ACH service so funds must be ACH pushed from another bank, wired, or mailed in via check"
I called them and was able to activate external transfers, add and verify external accounts, but have not made a transfer yet.
Tried to make a $10,000 transfer but "Unable to process request. The transfer amount exceeds
the maximum allowed for external transfers. Please reduce the amount to complete the transfer."
I don’t know the limit, but it’s less than I require.
UPDATE: The monthly maximum is 10 total external transfers, not to exceed the aggregate monthly total of $10,000.00. The individual transfer limit is $2,500.00 per transaction.
REFERENCE: https://republicebank.com/personal/online-banking-disclosure/#:~:text=The individual transfer limit is %242%2C500.00 per transaction.
Thanks; will update. $2,500 max each transfer up to 10 a month but total amount limited to $10,000 total a month is garbage IMO.