2 ms·
The Feds already do check clearing, and they do it for free or nearly so. That's why your ISP probably gives you a discount on your bill if you (a) go paperless
by bediger4000 2y ago
The Feds already do check clearing, and they do it for free or nearly so. That's why your ISP probably gives you a discount on your bill if you (a) go paperless and (b) pay by ACH.
As near as I can tell, check clearing is fast and accurate and very rarely screws up. It's also adequately funded. The divisions of government, local state and federal, that are funded, do well. The ones that aren't funded adequately are awful. This is consistent with companies like CenturyLink that don't fund branches properly: those branches are terrible.