Why in this modern digital age do bank/building society electronic transfers take days to go through?... I could understand in the olden days when cheques had to be verified and cleared before funds are released but I paid my credit card last week as I always do early to avoid late payment fees...but due to the bank holidays I have left it too late and got a £25 fee, I paid it on wed afternoon but it states it may take up to 5 working days . The transaction is now done within seconds but these banks seem to delay it so late payments incur a fee...it does not need any manual intervention so what is the hold up?
RIPPED OFF AGAIN
RIPPED OFF AGAIN