We have used online banking for ... sheesh at least 15 years?? I rarely walk into a bank these days - only required to, when some dinosaur presents me with a cheque. My closest bank branch is a 50kms round trip and approx an hour of my day - so you can see this additional advantage of money transfer
It is SAFE & SECURE - the banks have to make it that way .... or why would we use it ?
There is more chance of somebody skimming your card details from a credit card transaction. All of my bills are paid this way. I also have the added protection of an SMS pin for NEW transactions - so if I want to transfer funds to somebody 'new' that hasn't got their details already in my 'Transfer to' folder it is unable to be processed without the Security Number that is sent to the nominated mobile phone attached to my account in the form of an SMS. Within the same bank the funds are available immediately - great for those times when your son has filled up his car with petrol and gets to the register to pay and realises his bank account is empty .....Muuummmmm - can you put money in my account? - Jump on the compuer and it is done in a matter of secs!
I would say 99% of my cake business is run using the Direct Deposit system - I rarely have to chase money and if I do I can say it needs to be in my account by end of trade today and it is EASY for them to do that.
Tradesmen here will have their account details on their invoice to ENCOURAGE you to pay this way - also saves THEM time have to go to the bank to present cheques.
As for rent - Real Estate offices here will only accept Direct Debit - whereby the bank AUTOMATICALLY transfers a nominated amount from your account to the RE account on a certain day of the month - no cheques allowed
It would seem that American banks are run a lot different to ours - in more ways than one!
Can't remember the exact details but I remember a conversation I had with some Americans about your mortgage system - lets just say .... you lot have been SPOILT!
We would think we were living the high life if we could secure an interest rate for the life of the entire mortgage! (Apologies if this info is incorrect)
As for the way your cakes are priced - so much harder for us to sit and judge - I know the price of your groceries is SO CHEAP compared to ours - but I agree with not being able to understand that people are prepared to pay people to make their cakes .... ie work for LESS than what is costs them !
A sense of humour is a wonderful thing - without laughter, the world is a SUPER boring place
PS..... only smart people can read truly WITTY comments and chuckle instead of getting all miffed
Hero of all time - GODOT