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The Terminator
Terminator Talk
people bouncing checks for bassani GP!!!!!!
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<blockquote data-quote="FireRed04Vert" data-source="post: 3643054" data-attributes="member: 21229"><p>Very good points.</p><p></p><p>And Turbo is exactly correct. It can take several days for your check he deposited to show up at your bank. Remember...it is indeed a "contract" for lack of a better term and your check MUST be presented to your bank for payment before your bank will honor it. It is not like an electronic transfer. Only recently have a select few very large banks been allowed by the government to present electronic copies of checks for payment. The processing centers to do this are huge and expensive....thus only a select few banks. It cuts processing time down to 24 hours or less. Otherwise, the checks do indeed need to be sent to your bank for payment.</p><p></p><p>Most of our supporting vendors here work on very slim margins. They aren't a Summit or Jegs. You're little trick ties up there limited resources and drives up prices for the rest of us.</p></blockquote><p></p>
[QUOTE="FireRed04Vert, post: 3643054, member: 21229"] Very good points. And Turbo is exactly correct. It can take several days for your check he deposited to show up at your bank. Remember...it is indeed a "contract" for lack of a better term and your check MUST be presented to your bank for payment before your bank will honor it. It is not like an electronic transfer. Only recently have a select few very large banks been allowed by the government to present electronic copies of checks for payment. The processing centers to do this are huge and expensive....thus only a select few banks. It cuts processing time down to 24 hours or less. Otherwise, the checks do indeed need to be sent to your bank for payment. Most of our supporting vendors here work on very slim margins. They aren't a Summit or Jegs. You're little trick ties up there limited resources and drives up prices for the rest of us. [/QUOTE]
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people bouncing checks for bassani GP!!!!!!
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