Why can’t banks make transfers and payments on the weekend when everything is digital and automated?

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At least where I live, if I make a transfer between my accounts (with different banks) too late on a Friday, the money won’t be available until Monday. But there are no humans involved in this process – it seems to me that could be instantaneous as far as the technology is concerned. What am I missing?

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Anonymous 0 Comments

They can but it makes more money not to. 0.01% of an interest gain over a few hours is bugger all to one transaction. But when they’re holding all the transactions… Well, a poofteenth of a bloody shitload is an outright fuckton of money.

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