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Article #9073

Re: How Does This Happen?

#9073
From: SpammersDie
Date: Thu, 07 Aug 2008 19:43
23 lines
2375 bytes
<spamtrap1888@gmail.com> wrote in message 
news:c1f774e3-94de-4c23-9924-32b208533d23@j1g2000prb.googlegroups.com...
> On Aug 5, 8:00 am, Scott in SoCal <scottenazt...@yahoo.com> wrote:
>
>> I find that hard to believe the way you keep playing the victim card
>> on behalf of these incompetent money managers.
>
> There is a fine banking tradition of refusing to honor withdrawals
> after a sufficient lapse of time -- "stale-dated" checks. All my
> dividend checks have a date on them beyond which they will no longer
> be honored. After that, the payee must go groveling back to the maker
> to get a replacement check. If a giant corporation is not required to
> keep sufficient funds in its checking account for eternity, neither
> should Joe Consumer be.
>
> Banks should have treated these withdrawals as if they were stale-
> dated checks.

Where did it say in the article that the banks honored aged EFTs?

It sounds more like the vendor spit out the merchandise and waited months to 
initiate the EFT.
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