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Bank of America Quietly Boosts Its Mobile Transfer Limits

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Bank of America mobile customers can now send more money to their buddies. The megabank quietly increased its dollar limit to $2,500 from $1,000 on mobile peer-to-peer payments, which the bank formally calls its Email/Mobile Transfer Network Service. The service includes clearXchange, the bank P2P payments network. Bank of America also increased to $5,000Read More

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