"TOCA" <Not@valid.com> wrote in message
news:487d3aa7$1$56777$edfadb0f@dtext02.news.tele.dk...
>
> "Dallas" <Cybnorm@spam_me_not.Hotmail.Com> skrev i en meddelelse
> news:ib5mfjdzry3v.1revw0praoxpl$.dlg@40tude.net...
>> On Tue, 15 Jul 2008 11:55:27 -0500, ManhattanMan wrote:
>>
>>> They should have
>>> offered you a chair and complimentary massage for wanting to deposit
>>> that
>>> amount...........
>>
>> If he had told them he was there to apply for a credit card he would have
>> gotten that treatment.
>>
>
> Right on :o/
>
> Deposits does not generate profit for the bank, only costs, while loans
> and credits is what banking is all about today, that and bankruptcy ;o)
>
> Tommy C, Denmark
>
>
In this world of electronic xfers you would think transferring from one bank
to another would be almost instantaneous but (I'm not sure about elsewhere
in the world) here in Oz it can take up to 3 days for money to hit the new
account.
What do you think happens in the meantime? Probably invested on the
short-term market. With millions of dollars being transferred there must be
some profit involved even if it's only a few thousand dollars.
cheers
Vernon Balbert
Dallas
