At least that is the bank's story and they are sticking to it. Its all about the money laundering laws.
Pretty bad when the biggest issue with running a business is getting access to your OWN money.
Daily, weekly, monthly, per transaction limits would boggle your fuckin' mind. Pretty bad when you have $30k in the bank but you can't pay your vendor because you exceeded your daily EMT limits.
Ask the bank what you can do? No, you can't get higher limits even though you have ten times the amount in the bank. Their suggestion? Get a credit card with a $10k limit. Can you say 'money grab'?
Read my lips. I DON'T NEED CREDIT, I HAVE MONEY, GIVE IT TO ME!