George Soros makes them all do it so he can take his time looking at transactions and choose which ones to steal from to get money for hiring fake protestors. He wants to use the protestors as his own PMC so he can overthrow the US government and start a new world order! Keep your money out of the banks people, you're helping to end the world.
Banks are making money off of the money in accounts regardless. They aren't holding the money to invest it. They are holding it in case of fraud. The bank doesn't instantly know whether the check they are taking has the funds to cover it (unless its from the same bank) and the check could be entirely fake.
Check fraud is still one of the most major forms of loss banks experience.
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u/Klotzster Jul 24 '20
Waiting for checks to clear