Regulation D is a federal regulation which places certain limits on the number of transfers or withdrawals members can make from their savings, club, and money market accounts. Reg. D allows for up to six (6) withdrawals, overdraft protection transfers, electronic funds transfers/automatic withdrawals (EFT/ACH), online banking or telephone transfers per month. Any transaction request that is received after you have reached your limit of six (6) transfers or withdrawals must be rejected. Your Checking Account is considered a “transaction” account and is excluded from this regulation.