No, SWIFT is not slow. I move money from US to EU in 12 hours thru wires and pay a flat fee of $20. SWIFT is fast, it's just a messaging system, but slowness co

No, SWIFT is not slow. I move money from US to EU in 12 hours thru wires and pay a flat fee of $20. SWIFT is fast, it's just a messaging system, but slowness comes from elsewhere, for example, going thru correspondent banks. "Seriously looking" is a gross exaggeration. Banks always look at alternatives, but are very careful about changing their proven methods!