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TheRedZone · 02-11-2003, 08:25 AM

Hey BikiniHouse,

I'm surprised nobody has mentioned this yet but the cheques Ibill sends Canadian webmasters don't clear Canadian Banks.

As of Jan 03 Ibill is sending Canadian webmasters cheques from a bank in London, there's "something wrong" with the MICR codes along the bottom of the cheques and Canadian Banks can't process them.

Ibill shrugs, my bank (TD) is putting the cheques in for "collection" and I'm fucked for several thousand US$$. I deposited the first of these on Jan 20th (btw cheques are being issued late these days) and the bank pulled the funds out on Jan 29th. They are trying to process the cheque manually but the funds have still not hit my account. My bank keeps telling me to "check back next week". This is my Dec 1-15 revenue we're talking about, it would normally be in my account by Jan 7th.

Search for my thread titled "Ibill Cheques Bouncing?" for more details.

Why not Ibill? Cuz even IF you are lucky enough to get your cheques on time they're going to take 4-6 weeks to clear your bank if they clear at all.

I've been around long enough (Since 1990!) to know when a payment processor is faltering and Ibill is a fine example of a company that is going to fail soon.

02-11-2003, 08:25 AM
TheRedZone Confirmed User Join Date: Jan 2003 Location: Hanging on your every word... Posts: 147	Hey BikiniHouse, I'm surprised nobody has mentioned this yet but the cheques Ibill sends Canadian webmasters don't clear Canadian Banks. As of Jan 03 Ibill is sending Canadian webmasters cheques from a bank in London, there's "something wrong" with the MICR codes along the bottom of the cheques and Canadian Banks can't process them. Ibill shrugs, my bank (TD) is putting the cheques in for "collection" and I'm fucked for several thousand US$$. I deposited the first of these on Jan 20th (btw cheques are being issued late these days) and the bank pulled the funds out on Jan 29th. They are trying to process the cheque manually but the funds have still not hit my account. My bank keeps telling me to "check back next week". This is my Dec 1-15 revenue we're talking about, it would normally be in my account by Jan 7th. Search for my thread titled "Ibill Cheques Bouncing?" for more details. Why not Ibill? Cuz even IF you are lucky enough to get your cheques on time they're going to take 4-6 weeks to clear your bank if they clear at all. I've been around long enough (Since 1990!) to know when a payment processor is faltering and Ibill is a fine example of a company that is going to fail soon. __________________ My IQ is higher than my postcount, but it hasn't really helped me that much....