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| *Ostroff, Fair and Company>>>Credit |
Why do crossed Payable Orders take days to clear when the money has already been paid, unlike a cheque? |
Why do crossed Payable Orders take days to clear when the money has already been paid, unlike a cheque? short answer - so the banks can make money by earning interest on it before they give it to you. when i pay a crossed postal order into my bank it goes in as cleared funds straight away (just like you've paid cash in) my bank is Abbey I don't know , but it's a good question |
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