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Cash handling is expensive (cash pickup logistics, compliance fees, banking fees, insurance fees, you name it). But it IS from one bearer instrument (cash) to a
by novalis78 7y ago
Cash handling is expensive (cash pickup logistics, compliance fees, banking fees, insurance fees, you name it). But it IS from one bearer instrument (cash) to another bearer instrument (Bitcoin) - and that’s hugely valuable. Wire transfer fee at Suntrust for instance is currently at $50, for example:
https://transferwise.com/us/blog/international-transfer-suntrust-us https://transferwise.com/us/blog/international-transfer-sunt...
https://www.suntrust.com/content/dam/suntrust/us/en/personal-banking/2019/documents/fs-retail-english.pdf https://www.suntrust.com/content/dam/suntrust/us/en/personal...