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Someone mentioned that in Europe you can send via IBAN to anyone. Well in Ukraine you can just use card number and send money to any bank. There is virtually no
by mariasykk 2y ago
Someone mentioned that in Europe you can send via IBAN to anyone. Well in Ukraine you can just use card number and send money to any bank. There is virtually no bank in Ukraine that doesn’t support this. Obviously IBAN also works for that, but nobody uses it for P2P, only to pay companies for provided services. It’s a big surprise for me that people actually need third party apps for P2P money transfers.
- _zoltan_ 2y agoIn Hungary you can use email or phone number as well for instant transfer via standard banks (provided you add your email and phone number as a secondary ID besides your IBAN) I'm always amazed to see how much some other banking systems are waaaay behind.
- averageRoyalty 2y agoIn Australia we've been able to do BSB (simpler domestic version of IBAN) for decades, and we introduced NPP 6 years ago. All banks now have instant transfer between each other via the BSB method or via your own unique identifier you can pick and give out (your phone number, email, etc). The focus on P2P pay makes me think that despite how profitable Google and Apple are, their mindset is still US centric which is surely not the country the majority of their profit comes from, given their global reach. Surely they leave money on the table constantly with this focus?