the banks take their sweet time to send the check because they want to slow down the money.
Maybe some shit banks, but a decent bank like Ally will try to have the check delivered by the due date chosen (mailing out a few days prior). There isn’t much money to be made this way. If you knew they were always late you’d just adjust the date back anyway. Decent banks don’t play petty games like this.
For electronic payments the money is withdrawn similar to an ACH, for paper checks any reputable bank will withdraw the money only when the check is cashed.
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Maybe some shit banks, but a decent bank like Ally will try to have the check delivered by the due date chosen (mailing out a few days prior). There isn’t much money to be made this way. If you knew they were always late you’d just adjust the date back anyway. Decent banks don’t play petty games like this.
For electronic payments the money is withdrawn similar to an ACH, for paper checks any reputable bank will withdraw the money only when the check is cashed.