"Michael J. Babcock, MCP" <[email protected]> wrote:

>Just ranting, but this is somewhat technical in nature so hence the NF.
>
>A bank claims they haven't received payment.  The entity responsible
>for 
>sending the payment says it was dispersed on 9/22, but that it could 
>take 7-10 BUSINESS DAYS to post.  WTF is that all about?!?!  It's a 
>freaking electronic transaction!?!?!!!!!!  Isn't that supposed to be 
>nearly REAL TIME?!?!?!!??!!!!!??????
>
>Grrrr.....

If the sender uses a clearing house that has never posted to the end location, 
confirmation has to be made. The type of transaction could also keep it in the 
not available status due to stop payment action. Another possible reason is a 
physical check was cut and mailed.

-- 
Tracy Pearson
PowerChurch Software

Sent from my Android phone with K-9 Mail. 

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