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To: kellynla

It is my understanding that checks we write will clear immediately while checks we deposit will still have the 3-5 day waiting period. I don't get it. If the technology is available to clear checks immediately, why aren't deposited checks cleared in the same way. This is going to put the hurt on businesses that understand the principle that the 10th of the month makes the world go round.


18 posted on 10/28/2004 8:11:49 AM PDT by Quilla
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To: Quilla
Check 21 isn't immediate, but its a heck of a lot faster.
58 posted on 10/28/2004 9:05:40 AM PDT by maui_hawaii
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