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Within the same bank it's just internal accounting. But when two different banks are involved, an USD transfer generally goes through USA.
by PeterisP 6y ago
Within the same bank it's just internal accounting. But when two different banks are involved, an USD transfer generally goes through USA.
- dogma1138 6y agoNo it doesn’t, https://en.m.wikipedia.org/wiki/Eurodollar https://en.m.wikipedia.org/wiki/Eurodollar. Not to mention that since the USD is a CLS/FCC currency you can perform correspondent banking transactions with it without having any government involved in the process.