> with UK, I encountered multi-day wait times with Faster Payments local transfers in the UK happen instantaneously. this has been the case for more than a dec

> with UK, I encountered multi-day wait times with Faster Payments local transfers in the UK happen instantaneously. this has been the case for more than a decade. all banks participate and makes transferring funds in the UK a breeze. to give you an example as to how fast this payment system is: i press pay and the money is received on the other end before the “successful transfer” screen pops-up on my device :) for international payments i’ve noticed that it takes less time to receive money from the UK than it is for the receiving party to do a local transfer :) it’s mind boggling honestly. https://en.m.wikipedia.org/wiki/Faster_Payments_Service https://en.m.wikipedia.org/wiki/Faster_Payments_Service