Categories

How Many Transfers Can I Send From My Savings Account?

Due to federal regulations, you are limited to six (6) outbound transactions (transfers) from your Savings Account per calendar month, including to your other Rho accounts. However, there is no limit to the number of inbound transactions.

Typically, Rho clients often maintain a balance in their Rho Checking Account for their monthly expenditures, and they deposit additional funds into their Savings Account to take advantage of the higher levels of FDIC insurance.

If you require an emergency transfer that exceeds this limit, please contact Rho Client Service via in-app chat or at ClientService@rho.co.

Rho is a fintech company, not a bank. Checking and card services provided by Webster Bank, N.A., member FDIC; savings account services provided by American Deposit Management Co. and its partner banks.