It has been instructive to experience banking in the Netherlands after living in the USA most of my life. Transferring money to any other IBAN number, even larg

It has been instructive to experience banking in the Netherlands after living in the USA most of my life. Transferring money to any other IBAN number, even large sums? Ridiculously easy, and available immediately in the recipient’s account. Transferring large sums between the US and my Dutch account? Wise.com makes this much simpler, but its not easy. I can use ACH transactions, but that is limited to 20k at a time. Wire transfers provide a way, but my US bank limits daily transfers initiated online to a pretty small amount (good to combat fraud, inconvenient if buying a house). I can travel to the US and initiate the transfer in person, but you may recall that travel was difficult in 2020. I had to send a paper form, with proof of identity provided by a Dutch notary (more like a paralegal than a US notary, to a central office for the bank in the US. Maybe this is ok? It’s not like I need to do it very often. I do hope FedNow makes the usual European experience more common in the US.