送交者: HunHunSheng 于 2006-4-11, 16:09:46:

If I do a ACH transfer from bank A to Bank B on
April 1, the money will be cleared at Bank B
on Aprl 2. So will my money deposited at Bank A
start to generate interwsst on April 1?

If so, I get double interests. Due to time lag,
I can link up 100 accounts at 100 banks and
use time lag to generate a lot of interests
from only a tiny amount of principal.

Does thsi work?

• There is no double dipping. - skipper3 (303 bytes) 2006-4-11, 16:52:47
  • Of course banks take risk by clearing a check at counter. - skipper3 (277 bytes) 2006-4-11, 17:05:59
  • The first sentence should be "...does not mean..." - skipper3 (0 bytes) 2006-4-11, 16:54:07
• I doubt it. The receiving bank will not count your interest until - Enlighten (37 bytes) 2006-4-11, 16:21:08
• I believe not. There are many people called arbitrage who will - gyro (235 bytes) 2006-4-11, 16:18:47

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