*Really* bad week for SCO
CLIFFORD ILKAY
clifford_ilkay-biY6FKoJMRdBDgjK7y7TUQ at public.gmane.org
Tue Dec 9 21:15:02 UTC 2003
At 23:52 08/12/2003 -0500, Gary Layng wrote:
> - kiting is illegal.
[snip]
... unless you are a bank:) I have never bought the lame excuses that banks
give as to why it takes five business days for cheques that are deposited
to clear versus why cheques the funds for cheques that I write are out of
the account within 24 hours. Even for a cheque drawn on the same bank, in
the same city, the banks claim it can take up to five business days for it
to clear. Out of town or out of country cheques take longer of course. I
was reading something recently about how the banks intend to do away with
shuffling paper in the form of cheques and move to electronic clearing to
speed up the process. It is about time!
Regards,
Clifford Ilkay
Dinamis Corporation
3266 Yonge Street, Suite 1419
Toronto, Ontario
Canada M4N 3P6
Tel: 416-410-3326
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