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International bank transfers as well. Most of the time they are uber slow, depending on the country could take multiple days. Until banks start to seriously add
by xvilka 5y ago
International bank transfers as well. Most of the time they are uber slow, depending on the country could take multiple days. Until banks start to seriously address this problem even Bitcoin would beat them effortlessly.
- Scoundreller 5y agoTransfer wise does a pretty good job of this. If your country is supported anyway. Basically they just have a bunch of accounts around the world.
- toomuchtodo 5y agoTransferWise is the competent version of what El Salvador is attempting to do with Bitcoin.
- el-salvador 5y ago> International bank transfers as well. Most of the time they are uber slow, depending on the country could take multiple days. International bank transfers between the U.S. and El Salvador arrive on the same day if done before noon. The local currency is US Dollar and the US is one of the largest trading partners. So every bank that offers international bank transfers has U.S. correspondent bank accounts with the big banks like Citi, Wells or Bank of NY.
- mateuszf 5y ago> International bank transfers between the U.S. and El Salvador arrive on the same day if done before noon. vs in seconds on Lightning Network