Quote:
Originally Posted by wacattack
Because the cheque has to clear. If the cheque was to bounce and the recipient of that cheque has then spent that money, it would get unbelievably messy trying to claim the funds back
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this is the 21st century, not the dark ages.. if you can send money using technology & transfer funds instantly i'm pretty sure technology has a solution to clear a cheque instantly, after all when you are overdrawn they are quick enough to charge you!