Can anyone please explain exactly why a payment from my bank using their internet banking service takes so long? There -is- actual CASH in the account, no cheques waiting to clear, no overdraft. Yet when I click to make an online bill payment, instead of funds being instantly transferred, it takes 5 working days FFS :-/ Surely in this age of technology there can be no excuse for this, there are no pieces of paper to be transferred between banks anymore.
- posted
20 years ago