On Wednesday 06 February 2019 12:46:29 deloptes wrote: > Gene Heskett wrote: > > Not that I know about ATM. But the woofs family has a few small > > pieces of gas well royalties, and they always mail the checks so > > they get here late Friday's, too late to hit the bank with such a > > piddly deposit. And by Monday its buried in this midden heap and > > forgotten, so more than 1 $7 or $12 check has wound up in the > > treasurers office and I have to claim them for her. Mailing it so it > > gets here after the banks close on Friday is NOT anything but > > intentional, they get to use your money for a little while longer. > > Interesting what you can learn at the rodeo... > > very interesting - couple of years ago I learned about over night > swaps ... and usually you are not getting bigger transfers same day. > They (in the bank) say that bigger amounts need approval and it takes > one day :) (in Europe) :) > I am not sure if it changed now, cause they changed something last > year - but I doubt cause it is so tasty. Especially if you know what > will happen in the next 6 hours on wall street or in japan ... > > regards
You are just playing in a bigger rodeo. I have had to write 2 checks for the last 2 vehicles I've bought. Writing a single check for close to $20k for a good used car/truck doesn't fly, some sort of a rule that 10k and over has to be reported so the irs can watch for laundering, so I write one for $9999 one day, and the balance the next day. As long as the account is good for it, what business is it I buy a new truck to replace a 20 yo rust bucket that getting dangerous to drive. Cheers, Gene Heskett -- "There are four boxes to be used in defense of liberty: soap, ballot, jury, and ammo. Please use in that order." -Ed Howdershelt (Author) Genes Web page <http://geneslinuxbox.net:6309/gene>