On 9/29/2011 11:04 PM, Michael Madigan wrote:
> If I put a $1200 check into my bank, $100 is available the next day, the 
> balance is available in 2 days if the bank is within my region, and longer if 
> it's outside my region.   If I pay my $1200 mortgage, it gets sucked out of 
> my bank in record time.


Yes, but the check may bounce, hence the delay and that I understand. 
But when it's an EFT where the funds are guaranteed there or the first 
withdrawal part of the whole transaction wouldn't have occurred...that's 
where I cry "FOUL"

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