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"International wire transfers are a lot harder to do without actually visiting a branch of the bank I'm with and filling out a bunch of forms, and they take muc
by nkassis 16y ago
"International wire transfers are a lot harder to do without actually visiting a branch of the bank I'm with and filling out a bunch of forms, and they take much longer to process too."
That's my personal problem too. Sending money from US to Canada or Canada to the US is a pain. If only they had the same check clearance system, it would solve so much. Same as how having similar phone numbers makes it so much easier.
- btilly 16y agoHeh. jacquesm lives somewhere that doesn't even have checks! When I needed to get paid by a Dutch company, the easiest solution turned out to be for me to open a new bank account.
- mkramlich 16y ago> Heh. jacquesm lives somewhere that doesn't even have checks! I pictured jacquesm needing to use a custom silver DeLorean to drive there and back. Flux capacitor and all.
- vegasbrianc 16y agoWell I think the US is one of the only countries left using checks. Everyone else (Most of Europe) has moved on to direct bank transfers for everything.
- caf 16y agoI can do international wire transfers straight from my bank's online interface - is there a regulatory reason that US and Canadian banks can't offer something similar?
- John212 16y agoNope, we have this too. I know Chase & BoA both do it online.