Question: Why do you think there is a limit on the number of times you can withdraw or transfer money in your savings accounts? (PLEASE ANSWER IN YOUR OWN WORDS!)

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asked Jun 27, 2022 113k views

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Chris Padgett · Answer 1 · 2022-07-03T04:03:22+0000

Answer:

Explanation:

The bank uses money deposited into savings and other accounts for investments and loans. They need to ensure that the money won’t be withdrawn so they have use of that money.

Question: Why do you think there is a limit on the number of times you can withdraw or transfer money in your savings accounts? (PLEASE ANSWER IN YOUR OWN WORDS!)

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