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On Wed, Jan 12, 2011 at 03:20:51PM +0000, tom wrote: > I'd be interested in any results you get. I can see no real reason > why we cant move money around electronically for 0.1% or 1p per > transaction (whichever is larger) safely. I'd love to have seen the > post office set up a transactions system between accounts which > only ever remain in credit. Could have saved the post office and a > million small business' Money is meant to enable commerce not steal > from it. Electronic transfers through the "faster payments service" is free from some banks. In a quick google, Bank of Scotland charge 45p. Co-op is free, HSBC is free. Northern Rock I think is also free For the mechanism http://www.ukpayments.org.uk/faster_payments_service/value_limits/ http://www.fsa.gov.uk/pages/consumerinformation/product_news/banking/know_your_rights/payments/index.shtml -- Henry Photocopies or faxes of my signature are not binding. This email has been signed with an electronic signature in accordance with subsection 7(3) of the Electronic Communications Act 2000. Digital Key Signature: GPG RSA 0xFB447AA1 or 0x3184D537 Wed Jan 12 15:54:29 GMT 2011
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