Quote:
Originally Posted by IHasTehNutz
Perhaps a silly question, but good to know anyway. Why are checks processed in batches as opposed to when they arrive? Seems to a layman that it would be easier and maybe less time consuming to process them more evenly as opposed to a big chunk at a time.
I don't know the answer to that but thats never stopped me from answering in the past. Hell if its going to stop me now.
Last year when folks were asking if the Merge players funds were segregated, some of the skins said that they were in fact segregated and they were also held in some type of escrow account. Anyone who has had money in an escrow account knows that it takes some paperwork to retrieve the money. If the money is in an escrow account, Merge would need to document every penny that they want to take out. For efficiency and possible limitations on monthly allowed withdrawals this would probably need to be done in batches.
That could conceivably also be one of the reasons why Merge doesn't want to do p2p transfers. Transfers need to be done immediately. That would mean that Merge would need to set aside a large amount of rainy day funds, in addition to the segregated funds, in order have the money on hand to make the transfers.