Citadel - ach withdrawal options

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Sep 21, 2004
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I'm starting to see a number of books offering Citadel services to make ACH deposits and withdrawals. My experience with CItadel is that they have excellent Cs, and like neteller, the ACH withdrawals appear in my bank account the very next day.

But there are limitations taht i have not seen any book that uses them mention and these are important to know if you use this method.

The max you can withdraw per account per day is $7,000. ANd themax total you can withdraw per day is $10,000. SO lets say you have two completely different books. And at one you withdraw $5,000, and at anohter you withdraw $5100. One of those requests will likely get rejected.

So if you are making multiple withdrawals, you wnat to be surethat you aren't exceeding the 10k limit
 

Another Day, Another Dollar
Joined
Mar 1, 2002
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Never heard of Citidel. Thanks for bringing it up for feedback.
 

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