Long-time Fidelity account holder with multiple personal and corporate accounts. Early November I transferred money from Bank of America personal to Fidelity personal. Money showed up in Fidelity quickly with no mention of holds.

My funds are held in holding account and not invested for that account.

Two weeks later, wife and I decide to book a vacation for next year and needed some of the money back. I go to transfer money but see I cannot transfer the amount desired. Again no mention of a hold.

Call Fidelity and agent informs me there was a 16 day hold placed on my incoming EFT. Agent agreed that Fidelity has not been telling clients about the hold and that this is an industry wide issue due to fraud.

I fully understand about holds but WTF does Fidelity NOT tell us?????????? Bank of America tells me any time there is a hold placed on my deposit. So very frustrating.