[zachrosen23]

Running a trading company, I send and receive a lot of wires. When wiring a few times a year, the $30-$75/wire fee is annoying but doable. Since we send dozens a month, we rack up $1k+/mo just in fees.

Tried switching banks and sending ACH’s / Zelles whenever possible. Nothing let us move large amounts quickly and cheaply.

Why on earth does it cost so much and take so long to move my money? There’s got to be a better way, right?

Turns out, there’s not. So we built [Fortress](www.tryfortress.com) - it’s a platform that lets you send instant wires for $1, 24/7/365. Meaning, your monthly wire fee bill is decreased by 97%.

You simply connect your bank account, select a sender, and confirm your transfer. That’s it—funds are instantly available in your vendor’s account.

If you have any specific recommendations, just comment below. Would love to hear what you guys think!

Thanks!

[jesterson]

Amazing idea - everything that disrupts slow and expensive bank models is very welcome.

I am just looking for similar service for Japanese market - a lot of small payouts/transfer - would love to use yours if you do play there

[ingigauti]

Can you explain how it works?

Let's say I'm in Germany and want to send money to US, doing it instantly is not possible with current Swift

But I could see how Fortress would have accounts in both Germany and US and then have a ledger that keeps track of it, money coming in in Germany, send money out in US, something like that?

Underlying tech then blockchain? Is it visible?

[itcrowd]

Why would they use blockchain for an internal DB?

[ingigauti]

Polygon and Ankr are backers, both blockchain companies. Dont know the other. That's why the question.

Also, why not have a public db for what you can, does it all have to be internal?