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> I don't think I could honestly qualify 1 out of 5 with adverb extremely. Even unlikely feels like a stretch. Let me give you an example, if you submitted your

> I don't think I could honestly qualify 1 out of 5 with adverb extremely. Even unlikely feels like a stretch. Let me give you an example, if you submitted your taxes online and before you submitted it, it gave you a chance percentage of an audit, would you roll the dice at 20%? There's no such thing as 20% of international wires that get delayed. American brokers do hundreds of thousands of international wire transfers every day. If 20% of those were delayed, it would collapse the global financial system.

A4ET8a8uTh0 6y ago
You statements appear to be taken from various institution's brochures ( ranging from $35 wire transfer cost - international, which is what we were discussing, wire average cost is higher ; "shows up in a corresponding bank within a day" - technically true, but virtually meaningless to a sender/recipient ). They are also very definitive, matter-of-fact and made with aura of conviction, but allow me to quote to you stating the following. "P.S. Non-immediate transfer is a feature and not a bug. " Since we are playing with words, non-immediate transfer is a delay and it is at odds at the other statement you have made: "If 20% of those were delayed, it would collapse the global financial system. " It wouldn't, because it didn't. But clearly that part doesn't matter, because entities and individuals affected tend not to be well-heeled and so unlikely to be able to force the bank to take some sort of action. All that said, I am done discussing this.
- notyourday 6y ago
  Over my life I have dealt with over a thousand wire transfers including international, both business and personal with over a dozen banks. So yes, I can pretty definitively say when something does not match the reality. The delay in the international wires that are a feature ( 1-3 business days ) have nothing in common with the 20% arbitrary delay of unknown duration that you have promoted. That's the 20% delay that would collapse the world financial system.

A4ET8a8uTh0 6y ago

You statements appear to be taken from various institution's brochures ( ranging from $35 wire transfer cost - international, which is what we were discussing, wire average cost is higher ; "shows up in a corresponding bank within a day" - technically true, but virtually meaningless to a sender/recipient ). They are also very definitive, matter-of-fact and made with aura of conviction, but allow me to quote to you stating the following. "P.S. Non-immediate transfer is a feature and not a bug. " Since we are playing with words, non-immediate transfer is a delay and it is at odds at the other statement you have made: "If 20% of those were delayed, it would collapse the global financial system. " It wouldn't, because it didn't. But clearly that part doesn't matter, because entities and individuals affected tend not to be well-heeled and so unlikely to be able to force the bank to take some sort of action. All that said, I am done discussing this.

notyourday 6y ago
Over my life I have dealt with over a thousand wire transfers including international, both business and personal with over a dozen banks. So yes, I can pretty definitively say when something does not match the reality. The delay in the international wires that are a feature ( 1-3 business days ) have nothing in common with the 20% arbitrary delay of unknown duration that you have promoted. That's the 20% delay that would collapse the world financial system.