[Magdalen] Disappearing money - please pray

[ME Michaud]

I sold a house in New Hampshire. Papers were passed on the Friday
morning before a three-day week-end. After lunch I went to the bank
to pick up the check, ready to drive to Boston to deposit it in person.

They kept me waiting on a bench in the halllway for more than two
hours, and finally handed me the check at 3:02 pm.

"Harr," said the pirate girl. "My big city bank is open on Saturday
morning."

It was a small and creepy maneuver and I made sure everybody in
my small town heard about it, and especially about the guy in a
suit &tie who kept returning to his office door and peeking out
at me. Timid little middle manager :-(

This was long before social media, long before the internet, of
course.
-M

Another source of "borrowed money" for banks is the time taken to clear a
> cheque.  There is generally a gap between when it leaves the payer's
> account and the recipient is able to draw or receive interest on it.  In
> recent years the government has tightened up on this, reducing that lag by
> regulation.
>