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> Costs at most $35 Well there's your problem. Where is that $35 heading? For a $35 transaction fee, I'd expect my money to arrive instantly and to work reliab
by Niksko 6y ago
> Costs at most $35
Well there's your problem. Where is that $35 heading? For a $35 transaction fee, I'd expect my money to arrive instantly and to work reliably. Sounds like that's pretty far from the truth.
I'm sure there are a hundred reasons why it's not that simple and it needs to cost a lot of money, but fundamentally, you're decrementing a number in one bank and incrementing a number in another. I can see why people would want that to be cheap, fast, and reliable given that it's a pretty simple thing to accomplish on the internet.
- notyourday 6y ago> Well there's your problem. Where is that $35 heading? For a $35 transaction fee, I'd expect my money to arrive instantly and to work reliably. Sounds like that's pretty far from the truth. The bank charges the service fee. It ranges from $0.00 to about $35.00 > I can see why people would want that to be cheap, fast, and reliable given that it's a pretty simple thing to accomplish on the internet. International wire transfer is, at most, a settlement service for payments, not a payment service.