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Old 04-07-2011, 11:52 AM  
VGeorgie
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Join Date: Nov 2008
Posts: 359
They make money on the float for the checks they mail out. Most don't come back to their bank for 5-7 days after mailing. In aggregate that's a lot of money in interest.

They make money charging you $15 to $30 for the wire transfer.

Charging for the wires keeps most on printed checks. See the first item again.

Any other questions?
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