It takes 5 days to clear ACH because "hey we took this money, you have 5 days to... | Hacker News

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		kevinpet on June 8, 2011 \| parent \| context \| favorite \| on: Bank Not Responsible for Letting Hackers Steal $30... It takes 5 days to clear ACH because "hey we took this money, you have 5 days to let us know if that's okay" is the authentication.

ck2 on June 9, 2011 [–]

Except when you transfer money into paypal, they make you wait 5 days but I see the bank clear the money in 24-48 hours

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