News for hackers. Stuff that matters.

A comment on Bitcoin surpasses $50K as major companies jump into crypto. Parent comment

Re:Bitcoin surpasses $50K as major companies jump into crypto by phamilton on Wednesday February 17, 2021 @12:48AM (#26163154)
A wire transfer is not the same as an ACH transfer. I can send you money for free via ACH, but it takes a few days to clear.

A wire transfer is a realtime transfer between banks. The only time I've used it was while buying a house. I've never done a wire transfer under $20k.

[ Parent | on HN ]
Re:Bitcoin surpasses $50K as major companies jump into crypto by wwtrv on Wednesday February 17, 2021 @07:57AM (#26165798)
Well in the EU we have SEPA transfwr which are ussually free and close to instant between an increaskng number of banks.
[ Parent | on HN ]
Re:Bitcoin surpasses $50K as major companies jump into crypto by nly on Thursday February 18, 2021 @05:13PM (#26186446)
The standard in the UK is "Faster Payments" for domestic transfers and are near instant up to £10K ($14K). For higher amounts you can use BACs (the automatic fallback for FP) which is typically next day.

All free

[ Parent | on HN ]