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I once wanted to lend money to my brother only to discover that my bank imposes monthly caps on money transfers "for your safety". Cryptocurrencies never do suc
by GoblinSlayer 5y ago
I once wanted to lend money to my brother only to discover that my bank imposes monthly caps on money transfers "for your safety". Cryptocurrencies never do such dumb shit.
- tome 5y agoThis seems unlikely, given that people buy houses with money transfers.
- thehappypm 5y agoYou are correct. Banks have many mechanisms for sending money from A to B, on the low end there’s Zelle, then there’s free inter bank transfers, then good old wire transfers (unlimited amounts, usually cost $25).
- stjohnswarts 5y agoThat's a default limit. I'm sure they will raise if you walk in and tell them you're going to transfer x amount out.