I recently opened a new money market account because my existing one (that I've had for many years) is no longer providing a competitive interest rate. I've discovered that the bank of the new account places a daily limit on the amount that I can transfer in from my existing account, $5000. Both accounts are held in the US.
I'm fully aware of Regulation D and the limit on the number of transfers out, but this is different - it's on the amount and applies to inbound transfers. Is such a limit typical?