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Old 1st Feb 2023, 21:34
  #50 (permalink)  
Peter Fanelli
 
Join Date: Jul 2006
Location: Up yer nose, again.
Age: 67
Posts: 1,233
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I flew banks runs back in the late 80s and early 90s out of Adelaide.
There were always rumors that bank runs were soon going to end.
When I moved to the US in the late 90s I stayed in the aviation business for a while
but in the last decade prior to retirement I was self employed doing courier work
much of which consisted of, yes, transporting bank documents by road. Again, there were
constant rumors of bank work ending and I can assure you that such work has now ended
in the US, replaced by electronic transmission of images of documents. There maybe a few small banks still doing it,
but it's over for the larger banks.
Sad to say but that probably means the end is coming for Australian bank runs as well.
Peter Fanelli is offline