Hacker News new | ask | show | jobs
by vikascoder 3071 days ago
And in India transfers are instantaneous within banks. Beats me why in the US it takes 3 days.
2 comments
jedberg 3071 days ago
Because by making it a long time the bank can charge you $45 for a wire transfer, which is instantaneous and can be for any amount.
link
foobarbazetc 3071 days ago
Legacy and greed.
link