Here’s another one. Anyone dealing with ING Direct take note.
Don’t transfer your account to CIBC.
– below is from Jim Sinclair’s WWW.jsmineset.com
It appears that ING Direct banking services is making specific changes to their user agreement for Web-based Savings and Certificate of Deposit accounts. Up to this point in time you could make an Electronic Funds Transfer to and from your account, in any amount, to a checking account you previously specified. The changes effective on 5/14/08 are striking. They specifically state that they “may” allow you to transfer your funds on your web-based account to other accounts they approve of in amounts they approve of!
Disclaimer: I’m not an investment advisor and these articles are for commentary only. For specific advice you should consult your own investment professional. – Gerold
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