With the passage of Check21 they should not even be printing checks. Check21 makes a digital scan of a check just as valid as the real thing, so there would be no need to print a check. I think the overnight market thing is the most likely case. It seems more rational to make a quick gamble on the money before releasing it, or PayPal has to wait on their bank.
Not anymore
With the passage of Check21 they should not even be printing checks. Check21 makes a digital scan of a check just as valid as the real thing, so there would be no need to print a check. I think the overnight market thing is the most likely case. It seems more rational to make a quick gamble on the money before releasing it, or PayPal has to wait on their bank.