4 posts shown.
Thanks!
I'm pulling my money out of Bee!
p.s., doesn't work that way over at Chase! Their mortgage specialist told me they don't have those $3333 limits... I called them to double-check! Even Zaba wasn't like this until about a year ago!
"Under family law, legal guardians face certain restrictions regarding how they manage a child's assets; specifically, any significant movement of funds requires formal authorization from the local Department of Social Services.
"It feels like this is just some arbitrary policy cooked up by the bank!
I’m curious if anyone here has actually gone through the headache of obtaining an original approval letter from the Department of Social Services.
"Funds can only be accessed with explicit approval from the relevant Department of Social Services. When withdrawing amounts exceeding $3333, parents are strictly required to present the original authorization from the Department of Social Services. "
$3333 It's a monthly limit!!!
How can I go about withdrawing an amount larger than $3333 all at once from my Bee account? Since any withdrawal exceeding $3333 requires approval from the Department of Social Services, I’m wondering if anyone has experience dealing with them—or successfully bypassing them entirely. How does the process actually work? Is it a massive headache?
Thanks in advance!!!!