Fatti
Established Member
Anyone here work in a bank and can explain why banks actually need four 'working' days to clear a cheque? Also, why is this same amount of time needed to transfer money, via internet banking, between one account and another (different banks).
Surely in this day and age for an internet banking transfer, the computer system would take the request, see that the money is available and should be able to tranfer it pretty well instantaneously.
If you were overdrawn, I expect the banks would charge interest on that money irrespective of whether its a working day or Bank Holiday
Surely in this day and age for an internet banking transfer, the computer system would take the request, see that the money is available and should be able to tranfer it pretty well instantaneously.
If you were overdrawn, I expect the banks would charge interest on that money irrespective of whether its a working day or Bank Holiday