Quote:
Originally posted by Sly_RJ
Will this mean less time to clear checks? I like it.
Floaters will just have to stop floating.
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From what I gather, this will eliminate floating which means more people will bounce checks to you since so many people do float which means more NSF fees to us as businesses and to the customers which means banks will make out like bandits, on top of the money they save with the ending of no more require physical check transfers.