I own two accounts, at the same bank, one for my professional activity, and one personal. Once a month, I withdraw some money between both, and for some reason (I am sarcastic), when this occurs, the money is IMMEDIATELY taken out from my first account, but, it hits my second only the next day! So I say, WHERE IS MY MONEY DURING THESE 24 HOURS?
I can be more generic each time, I make a deposit, or cash the money of a client, it's effective at my account only the next day, whereas, of course, when I pay something with my card, it's taken in the same nano second. At the time of Internet and computers, don't argue there is a processing time, banks don't even physically move money between each others that's just numbers in columns.
Doesn't sound like a big deal, but still, it confirms my belief that banks keep having occult behaviors to make again more money...
May 31, 2015