2 ms·
It's sorta abstracted in a way, but they are very clear about what's happening behind the scenes; they even show you which banks hold your deposits, which banks
by astura 8y ago
It's sorta abstracted in a way, but they are very clear about what's happening behind the scenes; they even show you which banks hold your deposits, which banks are available to hold your deposits, and they even let you request to exclude some banks from holding your deposits. (I don't remember if it was a priority system or an include/exclude system)
There's no hand waving going on.
- whitepoplar 8y agoYup, it's completely transparent and customizable for those folks who want to mess around with it, but it's abstracted away so that 99.9% of people will never have to think about it as something other than a single money bucket.