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Apr 22, 2024
9:56:24am
Acorn All-American
I have written some personal checks recently to avoid a $40 wire fee. Where
I work we do checks. Pretty amazing what kind of float you can earn on millions of dollars of checks in progress...and shocking that many companies seem to take their time making deposits. Cha-ching.

It has been so long with near zero interest rates that everyone has lost their skills on float it seems.

On a side note - a bit scary for all of those businesses that don't have positive pay controls. Crazy in today's world.
This message has been modified
Originally posted on Apr 22, 2024 at 9:56:24am
Message modified by Acorn on Apr 22, 2024 at 9:56:56am
Message modified by Acorn on Apr 22, 2024 at 9:57:22am
Message modified by Acorn on Apr 22, 2024 at 10:01:50am
Acorn
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Acorn
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Nov 25, 2004
Last login
Jun 16, 2024
Total posts
19,092 (2,243 FO)