Question :
Once you send money from one bank to a different bank,
why is there a two day period where the money is in limbo?
I understand that banks have policies, but is there a way to find out who is holding the funds?
Bank One claims that the funds are gone and they no longer have the funds.
Bank Two claims that the funds have not been sent to them.
Can both statements be true, in the sense that neither bank retains the sent funds?
Next Question:
If one or the other bank IS holding the funds, is there a way to ascertain who is holding the funds?
Obviously calling the banks has not resulted in any useful information.
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