Quote:
Originally Posted by VGeorgie
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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That's peanuts compared to 10+% they charge paysite owners...
