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TheRedZone · 02-13-2003, 08:04 PM

Since the thread has come back to life I thought I'd post an update...

There's no change.

1st cheque deposited on Jan 21st, funds pulled from my account Jan 31st, bank put cheque in for "collection", I checked with them today and they told me to give them another week.

2nd cheque deposited Jan 30th, funds pulled from my account Feb 8th, bank put cheque in for "collection". They tell me it will take a few weeks to process.

3rd cheque sitting in my inbox, Ibill says "deposit it, it should be good" my bank says "deposit it, you will eventually get the money"

I'm now processing with ACPay, no Visa fees, no 10%/6month reserve and the cheques (from Dec & early Jan) are clearing no problem.

Why don't I switch to wire transfer from Ibill?
Because I'm not sending them any new transactions and I don't have any rebills. I'll be down to just getting my reserves paid out in a few weeks and the bank fees on the transfer will be 5-10% of the cheque amounts. I can wait the 4 or more weeks it will take for the cheques to clear, I make most of my money elsewhere.

02-13-2003, 08:04 PM
TheRedZone Confirmed User Join Date: Jan 2003 Location: Hanging on your every word... Posts: 147	Since the thread has come back to life I thought I'd post an update... There's no change. 1st cheque deposited on Jan 21st, funds pulled from my account Jan 31st, bank put cheque in for "collection", I checked with them today and they told me to give them another week. 2nd cheque deposited Jan 30th, funds pulled from my account Feb 8th, bank put cheque in for "collection". They tell me it will take a few weeks to process. 3rd cheque sitting in my inbox, Ibill says "deposit it, it should be good" my bank says "deposit it, you will eventually get the money" I'm now processing with ACPay, no Visa fees, no 10%/6month reserve and the cheques (from Dec & early Jan) are clearing no problem. Why don't I switch to wire transfer from Ibill? Because I'm not sending them any new transactions and I don't have any rebills. I'll be down to just getting my reserves paid out in a few weeks and the bank fees on the transfer will be 5-10% of the cheque amounts. I can wait the 4 or more weeks it will take for the cheques to clear, I make most of my money elsewhere. __________________ My IQ is higher than my postcount, but it hasn't really helped me that much....