On Jan 10, 2008 8:40 AM, shiv sastry <[EMAIL PROTECTED]> wrote: > On Thursday 10 Jan 2008 1:00 am, Thaths wrote: > > I use my bank's online banking and bill pay service to *push* > > payments. I do not allow any pull payments. > > Ditto for me. > > The single biggest rationale for this is that I have a firm grasp of magnitude > and timing of everything that goes out of my account.
I've spent a fair amount of time looking at the guts of a major Indian bank's transaction systems. It was constructed mostly with the programmatic equivalent of duct tape. That's why I don't do *any* kind of electronic payments if I can avoid it. Evidentially, what they say about making sausage also applies to banking. -- b
