They can, they just charge an arm and a leg for it and make you go through a big hoop and dance to actually use it. Wire transfers cost $20-$40 for each transa

They can, they just charge an arm and a leg for it and make you go through a big hoop and dance to actually use it. Wire transfers cost $20-$40 for each transaction (And usually are associated with systems with such names as "Large Value Transfer System (LVTS)". ACH is usually only allowed with accounts you can prove ownership with and they charge for pushing money into another external account, but usually not for pulling money. Even then they hold the funds for 3-4 business days. It's cheaper and faster to just order paper checks, write them down, give it to a teller or ABM to take the check to deposit into your account than to use ACH or wire transfers. It's even worse in canada. At least US banks have ACH transfers and wire transfers available on their online banking websites! The closest thing is Interac e-transfer. I think it just comes down to liability and fraud risk exposure. A guy who knows your password can clean you out.