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Even within the US, ACH settlement times are 3 business days. The settlement period for stock trades is 2 business days and there's a big push to reduce it to
by antognini 5y ago
Even within the US, ACH settlement times are 3 business days. The settlement period for stock trades is 2 business days and there's a big push to reduce it to 1. Relative to that, bitcoin's 10 minute settlement time isn't so long.
- astrange 5y agoACH settlement is same day if you know the sender won't reverse it - that's why banks have been depositing paychecks 2 days early starting this year. It'll be faster next year with FedWire.