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It really is, because the regulation is strong, faster and cheaper transfers, common account numbering system, nobody bats an eye if your money crosses the bord
by nraynaud 7y ago
It really is, because the regulation is strong, faster and cheaper transfers, common account numbering system, nobody bats an eye if your money crosses the border (it was a nightmare in the US, BoA would reject my client's wires all the time without explanation), etc.
- BlueTemplar 7y ago"Crosses the border", how exactly? (Countries = States, Schengen = Federal)
- nraynaud 7y agoI have no issues sending money from the continent to the UK or the US if that's your intellectual model. But I don't think you're on the correct track. edit: this sentence is weird, on the US, the money is blocked on the American side according to the EU bank.
- BlueTemplar 7y agomental model : USA as one gathering of states, EU (Schengen) as another.