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A comment on Simple bank shutdown goes awry, leaving customers without account access. Parent comment

Re:Simple bank shutdown goes awry, leaving customers without... by toomuchtodo on Monday May 10, 2021 @12:47AM (#27102799)
Those in the EU have IBAN and instant transfers (both in country and between other countries in the EU; I believe the max SLA for payments to settle is no more than 20 seconds). The US does not yet have such a system, but it’s being built (domestic instant transfers).
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