Quote:
Originally posted by Maximus
Its not that its your problem and thats that. If third party billers were to absorb fines penalties and delays all the time they would not be in business. remember that along with your funds, WSB commissions are also held up.. We are also doing without until it is returned. We are just as angry as you are.. if not more.
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I understood that. What I don't understand is, when a company is dealing in the millions per month, most of which rightfully belongs to clients and their affiliates, one would think that a "buffer fund" (I'm not up on all the fancy-shmancey banking terms, bear with me) or float pool would be in place to cover such delay times, no?
I don't claim to know all the inner workings of running a billing service, but the fact is that clients and their affiliates must be paid. Period. Taking some steps in future to assure that this never happens again is probably a wise thing to do, no?
So, let's cut to the chase here. When can people expect their money? I've seen posts on other threads from people that say they are owed many thousands still, so the "loudest complainers make the least money" theory isn't really all that accurate. Lay it out for everyone.... when?