[watersb]

My hot take is that this is a new service, so none of the accounts have much of a history.

Algorithms in place could reasonably impose extra checks on large withdrawals from new accounts.

What's more, I could speculate that Goldman Sachs' limited experience with mainstream retail banking could lead to delays of this sort, where they lack a statistical universe to identify exceptional usage (transactions large percentage of balance) as legitimate.

FWIW, I have a tiny amount of money in an Apple Savings account; I have deposited funds and withdrawn a bit exactly one time each. No unusual delay, but it's not exactly an account I intend to use like checking.

[Zanni]

It seems to be mostly security alerts on large transfers (over $10,000). The first version of this story I read [0] had Thacker's transfer (first in the WSJ story) as $17,000, not $1,700, but maybe that's a typo.

[0] https://forums.macrumors.com/threads/apple-savings-users-com...