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Fednow will be great for most domestic transfers but I still expect any international ones to require either a third party service (Wise, Xoom, etc) or a call/v
by atdrummond 4y ago
Fednow will be great for most domestic transfers but I still expect any international ones to require either a third party service (Wise, Xoom, etc) or a call/visit to the bank.
- ElevenLathe 4y agoWill Fednow not interoperate with SWIFT?
- atdrummond 4y agoIt does (at least when I last looked at FedNow ISO 20022) but that still only handles things until the first out of States routing institution, which means I don’t expect personally (from my experience in the field) for wire transfers and domestic sends to exist on the entirely same rail and payment forms.