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I disagree - it seems a lot more like SEPA in Europe. The non-reversibility seems similar to SEPA fast transactions (ie, similar to fedwire) as well. The fact

by r00fus 4y ago

I disagree - it seems a lot more like SEPA in Europe. The non-reversibility seems similar to SEPA fast transactions (ie, similar to fedwire) as well. The fact that they're using ISO20222 is also a clue that they're probably picking up best-practice from European and Asian networks.