Quote:
Originally Posted by calvindog
So the banks make it so easy to commit check kiting? You can send me a check for 500K, it clears my bank in a day or two -- without clearing the sender's bank -- then I immediately remove the 500K funds, and then the check is revealed as bad and I walk away with 500K? Wow, didn't realize that in 2011 banks make it that easy to steal.
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Banks put a hold on checks at a certain amount.