July 27th, 2004

bswing

Somethings screwy with electronic banking

This is the age of the internet right? Everything's electronic, transactions should therefore take place at the speed of light.

Hah.

My company reimbursed me via a paypal. It took five days</a> for the electronic check to clear and appear in my paypal account. Now, to transfer it to my bank account, it's going to take another 3 - 4 days to clear.

So to get paid via paypal it takes a total of 8-9 days. It would've been faster to just have my company send a physical check to my bank.

Something's screwy.