Depends on the exact type of electronic payment —- FAST / BACS / CHAPS etc —- and the banks involved, it seems.
Having grappled with this as an almost daily problem, we have reconciled ourselves...
Type: Posts; User: Haywood_Milton
Depends on the exact type of electronic payment —- FAST / BACS / CHAPS etc —- and the banks involved, it seems.
Having grappled with this as an almost daily problem, we have reconciled ourselves...
The important point is that cleared payment is not the same as irreversible payment!
Whenever we are paid electronically, we telephone the bank and do not release goods until it has confirmed that...
So many people think that funds received and even cleared in a bank account cannot then be reversed. Well, they can, as another poor jeweller has just found out:
Rolex Datejust 83D662T6
and
...