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Even between EU countries? I wouldn't think so, but I'm no expert.
by pvorb 7y ago
Even between EU countries? I wouldn't think so, but I'm no expert.
- auslander 7y agoEU internal ones are likely an exception. Not an expert myself, it just consolidated in my mind as a fact from all the books and articles over the years.
- wnkrshm 7y agoEU internal transfers are most likely made by SEPA (Single Euro Payments Area) infrastructure (with European clearing entities) or for large sums by direct communication/deals between the European banks. Why would any US entity be needed for this?
- pvorb 7y agoExactly. And since most corporations I deal with have at least an office in a European country, I almost never have to deal with US banks.