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Re:What Happens When You ACH a Dead Person? by orf on Wednesday August 28, 2019 @04:24PM (#20823641)
> The US has 4,909 banks ... This necessarily makes setting up inter-operation between banks more complicated.

The EU has 6,250 banks though. Each with different countries. With 28 different languages, cultures and governments, with far more differences than the states in the USA.

You're really arguing that it's harder to unify that in the homogeneous USA than it is in Europe? Come now.

Re:What Happens When You ACH a Dead Person? by Faaak on Wednesday August 28, 2019 @06:21PM (#20824656)
And FYI: they all "talk" SEPA. You can wire money anywhere in europe (+ switzerland and some other countries) overnight for next to nothing (<1 USD).
Re:What Happens When You ACH a Dead Person? by gpvos on Thursday August 29, 2019 @05:32AM (#20828047)
...as long as it's in euro. In other currencies, you may get lucky, you may not. I recently got charged € 6 for a payment from euro to zloty.