dimanche 27 mars 2016

Internet Banking and Banking Hours

Logging into my bank account recently, I get this message:

Quote:

Easter Weekend

Please note Friday 25 March and Monday 28 March 2016 are public holidays. Ensure that your payments are submitted before or after these dates to avoid any potential delays.

This got me thinking. You can schedule a transfer or pay a bill any time online, but if you do it outside banking hours it doesn't go through until the next working day.

So now I'm puzzled, why don't transactions made by logging in to your account online go through outside banking hours?

It's not like they're shutting the computers down when the banks close their doors, you can still spend your money by EFTPOS at any time so clearly the banks are still capable of immediate financial transactions even when the banks are closed.

So why can't they do it immediately when you log-in to your account outside of banking hours?

:confused:


via International Skeptics Forum http://ift.tt/1REDK63

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