> result in the recipient learning two things about the sender (name and phone number, both of which are configurable at transaction time) The recipient of Jap

> result in the recipient learning two things about the sender (name and phone number, both of which are configurable at transaction time) The recipient of Japanese bank transfers only gets the name. The phone number is only for the sending bank's side to reach out to the sender in case the transfer failed. Particularly of importance when you make transfers without owning an account at the sending bank (not sure how common that feature is outside Japan). Also of note, the Zengin system actually allows additional metadata in so-called EDI messages. However it's somewhat rare to see this offered by interfaces, and so likely not generally suitable. Here's one example: https://faq-chibabank.dga.jp/faq_detail.html?id=31 https://faq-chibabank.dga.jp/faq_detail.html?id=31 > The Single Europe Payment Area (SEPA) offers free, instant transactions between European banks. They’re pull based There are also push based SEPA transfers. Not that the article claims there aren't, just seems incomplete to present only the push based version for Japan (and not furikae and its challenges) and only the pull based version for Europe.