Cruising Sailors Forum Archive
Banks used make a lot of money on the "float"
In Response To: The paper check, is almost history. 
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() the time delay between the deposit of check for credit to an account and the actual availability of the funds for withdrawal. Those "floating" days gained incremental interest for the banks. Only regulation helps cut down of the profit making and the customers expense. While banks now days save money in electronic rather than paper transactions the have piled on other charges.
Messages In This Thread
- There's seems to be no end to the demise of paper, today.
- I don't mind the bills, but getting change back is a pain.
- odd''lazy clerk?? of course using a card cost the store a littel.
- Followed a young fellow in grocery line last week
- My ex used to claim I was the only person she ever knew that would take off cross country
- If I have anything more then 20 bucks in my pocket
- Rember the TV commercials a few years ago?
- card vs cash
- I use cash exclusively in local stores
- Using cash in local shops raises your status above those who use plastic.
- Local shopping for me, is the grocery, couple hundred there, building supply, more hundreds there, Hamilton Marine, coup
- I use checks for larger purchases at places like Hamilton Marine
- I am amazed at how many people carry no cash....
- Local shopping for me, is the grocery, couple hundred there, building supply, more hundreds there, Hamilton Marine, coup
- Using cash in local shops raises your status above those who use plastic.
- "Put in on the card" Statler Bros?
- I don't mind the bills, but getting change back is a pain.