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Old 10-03-2006, 09:49 AM   #13
Morgeruat
Jack Burton
 

Join Date: October 16, 2001
Location: PA
Age: 45
Posts: 5,421
Quote:
Originally posted by Bungleau:
Why didn't she just transfer the $8 from her savings account?

From the bank's perspective, a check isn't money until it clears the issuing bank or other financial institution.

That said, it was still stupid. It's part of the reason I'm with a credit union today.
Paychecks are typically an exception to this.
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