Neither seem to apply here.Generally in these days of low interest rates, holding a float isn't so profitable as all the other reasons to hold your money...
1) Banks love credit cards... That is how they make money... Frequently 1%. Government mandated systems such as ACH that are free are discouraged by the banks as much as possible. They would be in a mess if they made ACH easy. Similarly for wire transfer type operations wherever they can make a premium expensive transaction they will.
2) Fraud and compliance... Fraudsters (who are frequently close relatives) are willing to go to a lot of effort for $100k. If Fraud is 1% then they are losing $1000 on average for a $100k transfer.... They obviously can't afford this, so they do need to be careful
I feel your pain ... I use Royal Bank Direct Investing which offers 1 day no fee journalling. You still have to own the right dual listed equities (i.e. RBC, AAPL etc). I never hit the $25000/day problem with RBC. My total delay, since I already owned the dual listed equities was about three days to journal, sell and transfer cash out.
No bank will ever tell you about journaling stocks over, it would eat in to their profits heavily, but that said, most of them will do it because it's hard to say that you can't sell your dual listed stock on the other exchange, after all, the stock is supposed to be a part of the company, not a part of the exchange. In my case it allowed me to save several thousand dollars in exchange fees at the cost of 3 days of time.First I have heard of 'journaling'. I am surprised..(not really) o one mentioned it to me when I phoned RBC Direct Investing who had charged me a ridiculous sum to convert american to canadian funds (something like 3 per cent on top of what excahnge was). They noted..'well everyone does it'. they then sold off all my stocks in my account (was on margin) without even telling me as it was overdrawn because of the charge. I could of easily transferred money from a different account to settle my margin debt. oh well, sorry to derail, just had to vent. good luck green1...personally i find all banks, are like the cable/internet companies. they seem fine, until something goes wrong, then it is nothing but frustration.