Tuesday, October 26, 2004

CHECK FLOATING TO SINK LIKE THE TITANIC
Ready for Faster Check Cashing?
(hat tip metafilter/abcnews)
Beginning October 28th, The Check Clearing for the 21st Century Act or Check 21, goes into law. It will allow banks to process checks without any lag time.

And that means more NSF fees, people. TWO BILLION DOLLARS WORTH.

And banks like those.

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