Yes, you can send money, but there's no finesse. Various things to prevent human error, or ease integration/usability just haven't been done. There are no chec

Yes, you can send money, but there's no finesse. Various things to prevent human error, or ease integration/usability just haven't been done. There are no checksums on account numbers to prevent sending money to the wrong place. You can't give someone a unique, bank generated payment reference for a payment you made that they can check against their incoming account, or prove ownership of a payment with some sort of verifiable transaction-specific secret. You can't give someone an electronic invoice to pay (by bank transfer) that binds a unique reference number, amount, and target account into something they can't screw up.