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A comment on Stripe can make automatic LLCs but a wire transfer from Citi nearly ended me. Parent comment

Re:Stripe can make automatic LLCs but a wire transfer from C... by BlueTemplar on Wednesday January 15, 2020 @07:18AM (#22053570)
Transferring small amounts of money within the country/ies, where it's maximum-couple-of-days fast and free?
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Re:Stripe can make automatic LLCs but a wire transfer from C... by Symbiote on Wednesday January 15, 2020 @07:48AM (#22053734)
I think Americans call that an ACH transfer, the type that's used day-to-day to pay salaries and bills.

A "wire transfer" is the thing you pay $40 for, and is immediate and irreversible. Individuals probably only ever use it when buying a house. (Within the UK, this is called a CHAPS payment.)

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