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Passage about checks is simply not true. Other countries in EU have similar systems where you can use phone number instead of IBAN. It is convenient for small
by ponector 3y ago
Passage about checks is simply not true.
Other countries in EU have similar systems where you can use phone number instead of IBAN. It is convenient for small sums.
Also you can do free SEPA wire transfer in any EU currency to any account in EU or abroad. Big difference to how expensive is to move money from pre-war Russia or USA.
- grishka 3y ago> Passage about checks is simply not true. The only time I've seen checks used it was for a company account. That is in contrast with some countries where checks are still in wide use by regular people for large personal expenses like rent. About EU, yes, I heard about this. Also India has a similar system.