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As a European, I find this highly amusing — I had the same problem when in the US. "What do you mean I can't just wire-transfer the money?"
by jwr 5y ago
As a European, I find this highly amusing — I had the same problem when in the US. "What do you mean I can't just wire-transfer the money?"
- jleyank 5y agoAsk them about chip and pin. Unless things changed during covid, I recall chip and signature.
- refurb 5y agoIt’s just chip now boss.
- jleyank 5y agoGood for them. Haven’t been to the us in years…
- itslennysfault 5y ago
- nradov 5y agoRegular car dealers just aren't set up to receive wire transfers. They wouldn't know what to do with it.
- drcoopster 5y agoTheir banks can receive wire transfers just like any other bank.
- nradov 5y agoIt's not a bank issue. The retail F&I staff at most mainstream dealerships aren't accustomed to dealing with wire transfers and literally don't know what buttons to push. You can probably get it done eventually but it will involve some delays and complaints.
- kube-system 5y agoYou can readily wire money with any bank in the US. It exists but people don’t really use it. It just never caught on much as a consumer product because of alternatives like ACH and debit cards that achieve the same thing.
- professoretc 5y agoThat's mostly because it's slow and most banks charge a fee ($35 or so). The only time I've used it is wiring money to the escrow company when buying a house.