Look Ahead
You've heard the phrase 'check's in the mail?' Maybe not so much anymore. There's a new banking law going into effect at the end of the month. Starting October 28th, the float...that's the time between when you write a check and when the money leaves your account...it shrinks. Checks will be turned into electronic transactions. So...banks will move cash at the speed of light. Also gone? Stop payment orders.
