[gruez]

you can transfer free between friends using services like paypal, doesn't that count?

[baq]

paypal isn't a bank, though.

[the-dude]

PayPal is registered as a bank in the EU, in Luxembourg if I am not mistaken.

[gruez]

GP mentioned:

>free transfers between bank accounts

does it really matter if it was done through some third party service?

[crooked-v]

Absolutely, given that Paypal can freeze your money indefinitely for arbitrary reasons (and has a long history of doing so).

[skinnymuch]

Does it for consumers? I thought it’s only for sellers. That’s also been my experience.

[mixmastamyk]

Why put another potentially malicious, rent seeking third-party between you and your friend's banks?