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Zelle is supposed to be the magic bullet for this, but it isn’t supported by all banks (including mine). I could technically send her a wire online, but I thin
by downandout 8y ago
Zelle is supposed to be the magic bullet for this, but it isn’t supported by all banks (including mine). I could technically send her a wire online, but I think my bank would charge me $30 to send it and then her bank would deduct $25 or so to receive it. Compare that $55 to the $8 that Walmart charges.
I could get myself a bank account at BofA for the specific purpose of sending her money, but I just refuse to give them a dime of my money because they suck.
- deleted 8y ago[deleted]
- lazyasciiart 8y agoI've never heard of Zelle. What about Venmo? Stripe Cash?
- downandout 8y agoI haven’t heard of Stripe Cash - I’ll take a look. But Venmo doesn’t put cash in the person’s hand/bank account that same day.
- dvfjsdhgfv 8y ago> Compare that $55 to the $8 that Walmart charges. Compare that to €5 to SEPA transfers in the EU between banks in two countries, or to €0 between banks in the same country.
- beojan 8y agoThe whole point of SEPA is that they aren't allowed to charge more for a SEPA payment out of the country.
- xbmcuser 8y agoI always wondered why ability to transfer money to your friends etc is such a big deal with US tech companies. Now I think I understand a bit in Singapore I use online transfer to pay rent, pay my part time maid or my friends so easily with the mobile app. And I am not even charged anything.