[metalliqaz]

What you are said contradicts all of my current life experience. Established banks are very good at handling reversed charges in the case of mistakes, fraud, and ESPECIALLY glitches. In the case of a glitch, banks _do_ have authorities that can mutate the system to fix things.

Now, I don't have experience with very large sums of cash, but I own a house and I have opened and closed a few investment accounts. I never felt the need to sent test payments through the system first. If the bank had screwed up, I'm sure it would have been a lot of trouble to fix, but it would have been fixable, no doubt.

[tlarkworthy]

I send test payments through the tubes first when a big one is following. I want to remove the risk of typos for the real payments, so I want the receiver already keyed in with an account that I have already used > once. The stress of having to fill out admin for a big payout gone awry is too much to risk for a few days of expedience.

[moltar]

Same here. When I’m TransferWising someone large sums, I always do a minimal transfer first.