Interesting situation. A wire doesn't bounce because the funds are guaranteed before they leave the bank.
A check on the other hand is not guaranteed until it clears the issuing bank.
Changing banks and bouncing checks is not an acceptable business practice in any country, especially without warning those who have been issued checks.
KC, I too wonder about that Top ### list, since I'm very curious as to what the gap is between the IPSPs and the remaining aggregators.
And I really find it amusing that someone at Visa who knows what's going on with an account holder would tell someone who isn't the account holders banker or the account holder what should be confidential information regarding an account.
It simply boggles the mind to think that would happen.
Therefore I don't.
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