grue 1 #1 August 3, 2006 Those fuckers are a solid 30 years behind reality, I swear to xenu. For example, why does it take several days for cheques to clear? Same goes for making a credit card payment. There's no reason that if I make a payment at 1230 in the afternoon, that it won't show on my account for a day or more. A payment/deposit/etc shouldn't have to be in by 3 oclock to post that day, you should have until the god damned bank closes, or 1159pm, if the bank happens to be 24 hours. It's 2006, morons, get with the programme. I don't care what the problem is, it's your own fault. Get out of the 70's, network your shit, and stop wasting our time. And no offense to anyone who's actually IN banking, unless you're a higher-up that is responsible for this idiocy.cavete terrae. Quote Share this post Link to post Share on other sites
Stumpy 284 #2 August 3, 2006 We're trying....... Honestly, we're trying. Sorry Never try to eat more than you can lift Quote Share this post Link to post Share on other sites
PhreeZone 20 #3 August 3, 2006 Funds can instantly post to your account if you go inside and deposit cash Yesterday is history And tomorrow is a mystery Parachutemanuals.com Quote Share this post Link to post Share on other sites
grue 1 #4 August 3, 2006 QuoteFunds can instantly post to your account if you go inside and deposit cash YOu'd think so, but it's not always that way. I don't write cheques, ever, but I still notice some things take a day or two. It's ricockulous.cavete terrae. Quote Share this post Link to post Share on other sites
PhreeZone 20 #5 August 3, 2006 Chase is that way. Upgrade to a better bank Yesterday is history And tomorrow is a mystery Parachutemanuals.com Quote Share this post Link to post Share on other sites
grue 1 #6 August 3, 2006 QuoteChase is that way. Upgrade to a better bank I actually more or less use paypal as my bank these days. My pay gets deposited into my account, I put part into savings, and transfer the rest to paypal.cavete terrae. Quote Share this post Link to post Share on other sites
soberamprat 0 #7 August 3, 2006 Hers one for you. Made a pay off on house Aug 6th Still waiting for about $5000 that was the diff between the actual pay off and the over pay from the insurance company. Seems to me the bank should no there is no such thing as free $. Yet if I were a betting person they made interest from mine and who know how many others that are still waiting for there $. http://www.swoopstudios.com/videos/videos-rex.php Quote Share this post Link to post Share on other sites
Broke 0 #8 August 3, 2006 Hsbc dirrect bro 5% interestDivot your source for all things Hillbilly. Anvil Brother 84 SCR 14192 Quote Share this post Link to post Share on other sites
kallend 2,027 #9 August 3, 2006 I can do almost everything online with my bank, and payments happen exactly on schedule.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
matt1215 0 #10 August 3, 2006 QuoteHers one for you. Made a pay off on house Aug 6th Still waiting for about $5000 that was the diff between the actual pay off and the over pay from the insurance company. Seems to me the bank should no there is no such thing as free $. Yet if I were a betting person they made interest from mine and who know how many others that are still waiting for there $. I'd call them and demand interest. Quote Share this post Link to post Share on other sites
JeepDiver 0 #11 August 3, 2006 I don't know what country you are in. Here in the US banking is setup so the comsumer can be charged if they need their own money in time. I had a long discussion with family members that lived in Hong Kong. Cash is deposited in one bank just to cross town, it is then withdrawn once a person arrives at their destination. People do no9t walk around with cash, large amounts of cash on their person. Congress has sold out the American citizen to the banking lobby. It is very different in parts of the world where cash is king, credit is not possible, and people have and demand access to their money NOW!!!! It is not about being in the 70's, it is about taking money from those people who do need it. If you need access to your own money today, well, you're just worthless. As mentioned. HSBC. Go Global. Although their banking laws here in the US still suck. It is better overseas. Quote Share this post Link to post Share on other sites
JohnRich 4 #12 August 3, 2006 Quotewhy does it take several days for cheques to clear? One word: "float". It's not because they can't do it. It's because they don't want to do it. This way they get to use your money for investments and interest for a couple of days, before they give it back to you. Multiply that by a few million customers, and you've got real money. Quote Share this post Link to post Share on other sites
sunshine 2 #13 August 3, 2006 My bank posts immediately to my account. Even if i use an ATM for a deposit, the money is available immediately. ___________________________________________ meow I get a Mike hug! I get a Mike hug! Quote Share this post Link to post Share on other sites
grue 1 #14 August 3, 2006 QuoteQuotewhy does it take several days for cheques to clear? One word: "float". It's not because they can't do it. It's because they don't want to do it. This way they get to use your money for investments and interest for a couple of days, before they give it back to you. Multiply that by a few million customers, and you've got real money. This is why I hate banks. Cocksucking assholes, it's MY MONEY.cavete terrae. Quote Share this post Link to post Share on other sites
JeepDiver 0 #15 August 3, 2006 QuoteCocksucking assholes, it's MY MONEY. But you're not susposed to need it when you can use credit instead. Quote Share this post Link to post Share on other sites
kelpdiver 2 #16 August 3, 2006 QuoteQuotewhy does it take several days for cheques to clear? One word: "float". It's not because they can't do it. It's because they don't want to do it. This way they get to use your money for investments and interest for a couple of days, before they give it back to you. Multiply that by a few million customers, and you've got real money. The delay in check clearing was dramatically reduced in the past year or so when electronic xfer of checks was allowed, rather than waiting for the physical delivery. Consumers benefited from this in the past as well as the banks- 'floating checks' was a common practice. Quote Share this post Link to post Share on other sites
grue 1 #17 August 4, 2006 QuoteQuoteCocksucking assholes, it's MY MONEY. But you're not susposed to need it when you can use credit instead. cavete terrae. Quote Share this post Link to post Share on other sites
JeepDiver 0 #18 August 4, 2006 QuoteQuoteQuoteCocksucking assholes, it's MY MONEY. But you're not susposed to need it when you can use credit instead. Do you happen to have an ex-president mask laying around? Quote Share this post Link to post Share on other sites
grue 1 #19 August 4, 2006 Yes, didn't you see my photo on the cover of Parachutist?cavete terrae. Quote Share this post Link to post Share on other sites
Richards 0 #20 August 4, 2006 On that note one thing I have never understood. Your bank card has a secret PIN code that ensures that if I steal it I cannot access your $200 in savings (without knowing your code), yet your Visa card has no such code preventing me from running up your credit card balance by $10,000 if I steal that. WTF? Richards My biggest handicap is that sometimes the hole in the front of my head operates a tad bit faster than the grey matter contained within. Quote Share this post Link to post Share on other sites
happythoughts 0 #21 August 4, 2006 QuoteChase is that way. Upgrade to a better bank An average day a Chase for wholesale demand deposits services is over $6 trillion. (Yes, that's trillion. A little more than some countries.) The daily funds transfers average is over $1.7 trillion. Anybody want to carry around the cash? Quote Share this post Link to post Share on other sites
Bolas 5 #22 August 4, 2006 I totally agree with you. We have to drag people kicking and screaming to get them to change anything. Stupidity if left untreated is self-correcting If ya can't be good, look good, if that fails, make 'em laugh. Quote Share this post Link to post Share on other sites
skytash 0 #23 August 6, 2006 My experiences from two different banking systems in two countries: UK - cheques take 3 days to clear, some debit card transactions are instant, depositing cash can be instant, I get interest on my current account. Germany - everything is instant, I pay bank charges Basically these are two systems which generate income for the banks differently. You have to remember they need to make some money (although perhaps not the extent they actually do) to pay rent and salaries for their staff. In Germany, this money is made by customers paying bank charges. In the UK it is made by holding on to some money slightly (ok, 3 days!) longer to earn interest at the Bank of England. One way or another we will always have to pay for the service that a bank provides, in the same way we pay for any service. In different banking systems, different customs developed for making this money. Personally - I prefer the UK system, that way I'm only paying in some instances (eg paying in a cheque) whereas under the German system, I pay for the service even if I don't use it. tashDon't ever save anything for a special occasion. Being alive is a special occasion. Avril Sloe Quote Share this post Link to post Share on other sites
Stumpy 284 #24 August 6, 2006 Actually, there is a lot more to it than that. As another poster further up said, there are actual process issues that prevent cheques clearing instantly, not least the fact that most banks don't control all of the process. We are currently looking at how to speed this up - electronic imaging and things like that, but this is not an easy thing to do, especially in the bank i work for that is a mish mash of other banks it has bought over the last 30 years and has a nightmare systems architecture. We do now have straight through payments on cards, but that is only as fast as the bank we are paying or being paid by. Quote You have to remember they need to make some money (although perhaps not the extent they actually doMad) to pay rent and salaries for their staff. No - we need to make a LOT of money in order to satisfy the shareholders. Sorry, but like it or not banks are businesses and operate as such. (Although - i hate to think what the salary bill is for my bank with 80,000 + staff!)Never try to eat more than you can lift Quote Share this post Link to post Share on other sites
skytash 0 #25 August 6, 2006 QuoteNo - we need to make a LOT of money in order to satisfy the shareholders. Sorry, but like it or not banks are businesses and operate as such. (Although - i hate to think what the salary bill is for my bank with 80,000 + staff!) remember I also work for a financial services organisation which is accused of constantly ripping its customers off - however a bank having the highest profits ever recorded by a company in Britain at the time they were announced is a little excessive even to satisfy shareholders... tash PS - I thought it was summer in the UK, how come you aren't flying or jumping? My excuse for week-end posting is that it's freezing here!Don't ever save anything for a special occasion. Being alive is a special occasion. Avril Sloe Quote Share this post Link to post Share on other sites
