[jkepler]

But how quickly does SWIFT or ACH settle? When one wires money overseas, settlement is counted in days, not minutes or hours as in bitcoin's case. Most of us use layer 2 or 3 solutions in our legacy national currency systems, such as Cash App, PayPal, Venmo, etc. Non elite don't have access directly to FedWire or ACH or SWIFT... it all has to pass through banks and other 'trusted third parties.'

Also, eventually most lower-value transactions in bitcoin will be on layer two technologies, like the lightning network (peer to peer) or liquid bitcoin (federated peer to peer, mostly for exchanges and traders to quickly move funds between exchanges).

[zhte415]

It doesn't take days. RTGS is named rhat for a reason.

If you're also doing FX that'll be minutes for major currencies. Should you be going through a network of correspondence banks from obscure bank to obscure bank it might be longer but even then rarely days. If currency controls some dalay depending on regulatory setup. Even if the banks do netting, cheaper than RTGS, that should be just a couple of hours between reasonably large banks.

What you may have is a problem with your bank or it using ACH.