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Fed’s new instant payment system could be trouble for PayPal, Venmo
(arstechnica.com)
This is a most excellent place for technology news and articles.
This is wild. Here in the UK we just transfer money from bank to bank in an instant using the banks own app.
What bank do you have that charges $35 for a transfer?
I transfer between b of a and chase bank, both known for having decently high fees, without any of those fees.
The $35 amount I've only seen with overdrafting. Do you overdraft every single transfer?
That was sarcasm.
Which part? The fees?
Bruh… the entire comment. 7 to 45 days… really? Gratuity… in a bank app?
We’re talking about wire transfers, not closing on a mortgage. They take 3-5 days. I pay my loan to Rocket every month
No, the entire thread is about wire transfers lol. There’s nowhere on Earth where you can close on your mortgage instantly