[ffhhttt]

> and why does the bank need to be involved or aware at all

In the EU you can transfer the money instantly using your phone.

Not that I agree with the ban but a lot of the issues people are discussing here are only relevant in the US (checks? lol.. what is this the 60s?)

[gunapologist99]

You can in the U.S. as well, with the security nightmare that is Zelle.