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2:36 pm
December 20, 2016
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I learned today that Alterna places a hold of 5 days on deposits made when transferring (push) funds from another financial institution, restricting withdrawals during that period.
I made a deposit on July 12, and could not withdraw some of those funds today, July 17..until after midnight July 17.
Good to know if funds might be needed in a hurry.
9:53 am
April 6, 2013
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Nehpets said
I learned today that Alterna places a hold of 5 days on deposits made when transferring (push) funds from another financial institution, restricting withdrawals during that period.I made a deposit on July 12, and could not withdraw some of those funds today, July 17..until after midnight July 17.
…
July 12 to July 17 is only four business days. As well, I don't see holds on funds pushed in.
Instead of a hold, is it possible you had reached one of Alterna Bank's Me-to-Me Transfer limits of $50,000 in 7 days and $125,000 in 30 days?
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