Actually, the banks don't make a profit on that money. While the money is in transit, it's in a suspense account. It's not interest bearing, but the incentive to work—
February 15th, 2007 / 12:05 p.m.
Vice-President, Banking Operations, Canadian Bankers Association
Actually, the banks don't make a profit on that money. While the money is in transit, it's in a suspense account. It's not interest bearing, but the incentive to work—
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