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I run a VC fund. We move store money around in large amounts (6-7 figure transfers, 7-8 figure balances). Our bank loves us and doesn't charge us any fees for a
by kenneth 7y ago
I run a VC fund. We move store money around in large amounts (6-7 figure transfers, 7-8 figure balances). Our bank loves us and doesn't charge us any fees for anything ($0 wires etc). Having millions parked with them allows to lend the money which is how they make their revenue. They don't care about fees.