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Article #9082

Re: How Does This Happen?

#9082
From: Adam H. Kerman
Date: Mon, 04 Aug 2008 15:52
12 lines
1891 bytes
Scott in SoCal <scottenaztlan@yahoo.com> wrote:

>All right, so how would you solve the problem?

>Require all EFT debits to be settled within 24 hours, or the money is
>forfeit?

Silly.

There is something wrong if an electronic transaction cannot be settled
during the same banking day. Perhaps the solution to the problem is to
handle it as a check if the system breaks down.
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From: "Adam H. Kerman" <ahk@chinet.com>
Newsgroups: misc.consumers,chi.general
Subject: Re: How Does This Happen?
References: <ko35949b1nba66qgk3hjg024brcr26vdgu@4ax.com> <acq8941iis6pg4g0kjjnaie02apec18r43@4ax.com> <betatron-60A071.10283202082008@news.ftupet.com> <paha94l5or1ea59f49feg846rrkgfqa4t3@4ax.com>
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