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Getting Wired for a Transfer
Wednesday, February 28th, 2018 10:56 pmOn Monday we're signing a bunch of documents and an escrow company will move a whole bunch of money around between accounts and we're going to move some essentials into a house and change the locks.
I would feel significantly less nervous about this if I'd received final amounts and money wiring instructions by now. I usually assume that data networks between banks are made of molasses, so moving a few bytes from one bank to another takes two days and COBOL code doesn't run on weekends. So I've had over a quarter million dollars sitting around in a couple accounts for a month and I'm getting nervous, because moving $250,000 from place to place is a lot harder than moving $25.
I would feel significantly less nervous about this if I'd received final amounts and money wiring instructions by now. I usually assume that data networks between banks are made of molasses, so moving a few bytes from one bank to another takes two days and COBOL code doesn't run on weekends. So I've had over a quarter million dollars sitting around in a couple accounts for a month and I'm getting nervous, because moving $250,000 from place to place is a lot harder than moving $25.
