
Originally Posted by
Fazor
It was something that we had to pay close attention to as a business that excepts checks; in the past if someone paid in check, they could know that between the delay in deposit and the time to clear, it wouldn't hit their account for 3-4 days typically. Sometimes longer. Now it's next-day. So why is it, then, that when it's a check going in to your account, they can still take a week or more to do it?
Because the bank don't pay interest in the meantime, but can earn from having the money available.
Yet another part of the bezzle.
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