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Old 04-05-2010, 03:22 AM  
halfpint
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Join Date: Jun 2007
Location: UK
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Any Australians here that know how the banking system works ?

Hi I am just trying to find out how the Australian banking system works.

If I sell something to somebody from Australia, And they want to pay by check, Is it true that they have to have the money in their bank accounts before a cheque is issued so this means that the check cannot bounce or be flagged as fraud at a later date.


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Last edited by halfpint; 04-05-2010 at 03:27 AM..
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