When I deposit a check, it takes five business days before I can access all the funds. Typically, the first day they'll release 10% of the amount and then a little more each day until finally, grudgingly the total amount is made available. Never mind with banking that everything is instantaneous. But when I WRITE a check, they take out the money so fast it makes your head spin. I deposited a check last Wednesday and thanks to President's Day (computers take weekends off), it finally came through today. But I wrote a check yesterday and ALREADY the money is gone from my account. The bastards are making billions of dollars off the float and it drives me nuts.
I've actually written to my congressman complaing about bank floats. You should too.
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