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Old 06-22-2011, 12:03 PM   #14
limey
Encroaching on your decrees
 
Join Date: Feb 2004
Location: An island within the south-west coast of Scotland
Posts: 7,016
Quote:
Originally Posted by Sundae View Post
...
Also, it takes 5 working days for a check to clear into my account. Even Government cheques ie from HM Tax Office! ...
In the days before electronification of all transactions it used to take three business days for a cheque to clear.

Quote:
Originally Posted by infinite monkey View Post
This I don't get. With instant electronic everything they should be able to see cleared checks right away. I think it's a ploy by banks to eke a little more interest off the money.
I know it's a ploy by banks to use our money to make even more profit for themselves .
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