why do banks need an extra day to process paychecks after ‘bank holidays’ when almost everything is automatic/digital?
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On a related note – America is an amazing place and I love it but I did notice the banking processes there are weirdly archaic. Still using physically signed checks and physically signing bills are processes that were phased out of most of the developed world a decade ago. I’ve genuinely paid/receipted money easier in third world countries.
I don’t understand how America is such an advanced economy but people still pay their bills with signed paper cheques.
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