4 ms·
> I can transfer large sums of money around Europe and it will arrive in few days at the very latest. I can do the same in the US, except it’s instantaneous, n
by hartator 8y ago
> I can transfer large sums of money around Europe and it will arrive in few days at the very latest.
I can do the same in the US, except it’s instantaneous, not sure what you are talking about.
- stevekemp 8y agoOne surprise for me, as a European, is that in America people seem to regard bank account numbers as secret - I dwell on forums for landlords, etc, and people expect to collect cash/cheques from their tenants, rather than sharing bank details. Unrelated to your alleged speed, but another odd perception of the American banking systems. (Lots of other people in this thread seem to suggest you're an outlier; I don't know enough to guess either way.)
- hartator 8y agoYour account number is on every checks. Checks are usually prefered because in the US you can cash them immediately and online. Of course, YMMV. I've experienced both the US bank system and the EU (France) bank system. Even if Americans are very critical of our banks, no fee (usually) for anything, reduced red tape, and credit cards that are on your side won me over. When you take account of cash back and interests on checking, you've usually a cash positive relationship with you bank. Good luck finding that in Europe.