View Single Post
  #27   Report Post  
Dave Plowman (News)
 
Posts: n/a
Default

In article ,
John Anderton wrote:
There are sound reasons for the money disappearing from your account
immediately and not appearing (well at least for a day or two) in the
recipient's account. It's to do with the risk of a fraudster writing
multiple cheques when they've only got enough funds to cover one and
the time it takes to get the physical cheque from the recipient's
branch to your branch.


A letter posted first class here in London will get to Aberdeen the next
day. I can order goods from RS before 5pm and have then delivered before
noon the next day. Three clear working days after issue is taking the p**s
in this day and age. And multiple cheques isn't an issue. It would assume
everyone pays them in immediately.

--


Dave Plowman London SW
To e-mail, change noise into sound.