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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?

To: Harp who wrote (7985)	7/13/1999 11:29:00 AM
From: TLindt	Read Replies (2) \| Respond to of 20297

As an even stronger layer of protection, the Electronic Fund Transfers Act prohibits a biller from taking money from your checking or savings account before the specified date. Huh? That's interesting...I thought you guys that were using a banks system via CheckFree were getting the money taken out immediately? If not by CheckFree then by your Bank? They grabbing all the float on your checks too? It wouldn't surprise me since they aren't billers. I don't know anything about that act but if true, your biller can't do you....but it don't say your bank can't.