5 ms·
If US banks wanted free, instant inter-bank transfers, it would exist already. Moving out of legacy systems is an engineering problem that can easily be solved
by spookthesunset 7y ago
If US banks wanted free, instant inter-bank transfers, it would exist already. Moving out of legacy systems is an engineering problem that can easily be solved with enough willpower. Don't let banks blame their legacy systems -- that is an excuse.
- hodgesrm 7y agoBank user here. Free is fine but instant inter-bank transfers are bad. That means somebody can just empty the account with limited ability for the owner/bank to intercept the transaction. I'm quite happy with the current semantics, so far as I understand them.
- raverbashing 7y agoLiability and reversibility have nothing to do with how quickly or slowly the operation happens.