[PLUG-TALK] Off topic - bank transfers

Keith Lofstrom keithl at kl-ic.com
Tue Jun 10 15:51:16 UTC 2008


Not related to Linux per se, but lately I've been noticing that 
various financial institutions are delaying payments, apparently
to profit on the float.  One recent check took almost 3 weeks to
clear, and Paypal is requiring 3 or 4 days.  Since the actual
electronic transfer takes milliseconds, there must be something
else going on.  

Anybody here wrangle bits for the banks?  Can any of you shed light
on this?   Should I change all my money to Yen, Euros, and Quatloos?

Keith

-- 
Keith Lofstrom          keithl at keithl.com         Voice (503)-520-1993
KLIC --- Keith Lofstrom Integrated Circuits --- "Your Ideas in Silicon"
Design Contracting in Bipolar and CMOS - Analog, Digital, and Scan ICs



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