Quote:
Originally Posted by Sliver
Then banks need to come up with some basic way of verifying their validity. If I get a draft from one bank in Calgary and wander over to another bank in Calgary to deposit it, they should fkn be able to call each other or something if they're concerned it's a forgery.
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Yeah this is my issue. Given everything is done electronically these days it should take a matter of minutes to confirm the validity of the funds. I've had several instances of selling vehicles for $50k+ and it's frustrating to have to wait a full week before I can touch the funds paid for my goods that someone else is fully utilizing at after the time of sale. Even if they offered some sort of fee to expedite I would probably get on board with that as it just feels like they are milking the system, holding that money as long as possible. There's got to be a better way where the funds can be transferred faster and more efficiently.