Details About the Orange Savings Account ("OSA"):
Limits on Withdrawals/Transfers from Your OSA: Pursuant to Federal law, you're only allowed to take money out of your OSA 6 times per monthly statement cycle ("Cycle"). If you repeatedly make more than 6 withdrawals during a Cycle, we may close your account.
- this is regulation D and apparently, dont have in canada
My credit union sends me a friendly reminder when I get to 5 withdrawals on my savings account. Some banks will even charge you a fee if you go over 6.