MikeB4:rb99:Banks. I transfer a bit o money from our bank to our other (different company) bank yesterday (Monday) and it says the other bank should receive it by Friday. What the heck do they do to take so long, is this the real reason we have things called Bank Holidays...are their computers on holiday, do they have rows of people sitting in front of abacuses (abaci ?) and ledgers moving real money from one bank to another ?
I was told it’s a requirement. Something to do with the anti money laundering measures
I think that's the main reason. I realise the poster isn't transferring a large amount. But that's what got Westpac into trouble recently.