Re:El Salvador’s new Bitcoin wallets could cost Western Unio...
by robot_no_419 on Thursday September 09, 2021 @11:00AM
(#28470432)
> assuming you don't actually specifically care about El Salvador
...what was the point of providing this answer then when the question was specifically about El Salvador...
Re:El Salvador’s new Bitcoin wallets could cost Western Unio...
by OJFord on Thursday September 09, 2021 @11:08AM
(#28470513)
As I said in your quotation, it was because I assumed your actual question was more general, that El Salvador is just the subject here, but for the purposes of your question it's just standing in for 'some other country with another [perhaps minor] currency', and so Wise not currently supporting SVC specifically would be rather arbitrary.
If you do actually want to send money to an SVC denominated account in ES, then no, it doesn't help you (beyond 'you could sign up to be notified'...), sorry for bothering you with it?
Re:El Salvador’s new Bitcoin wallets could cost Western Unio...
by robot_no_419 on Thursday September 09, 2021 @11:26AM
(#28470736)
My question is a lot more general than just sending money to El Salvador, you are right. But if your reply does not satisfy the specific problem constraints of sending money to El Salvador, then it can't be a solution to my more general question of how to send money internationally regardless of whether or not your counter-party has access to the correct kind of banking services (or none at all).
Re:El Salvador’s new Bitcoin wallets could cost Western Unio...
by el-salvador on Thursday September 09, 2021 @04:54PM
(#28474532)
> It seems Wise (nee TransferWise) doesn't ('yet') support SVC, but assuming you don't actually specifically care about El Salvador, it does support quite a range of not particularly major currencies, and that'd be my answer.
We don't support SVC in El Salvador either. The USD has been our main currency since 2001.
Re:El Salvador’s new Bitcoin wallets could cost Western Unio...
by OJFord on Thursday September 09, 2021 @07:54PM
(#28476148)
Oh OK, sorry, I just got that from typing 'el sal' into the currency/country select. I have no idea how (if) it handles secondary country users of a currency if you see what I mean, given that currency conversion is only part of it - perhaps the 'main' feature is the international transfer, making it look like a local transfer/payment (by being one each end).
Re:El Salvador’s new Bitcoin wallets could cost Western Unio...
by el-salvador on Tuesday September 14, 2021 @07:22PM
(#28532888)
Don't worry, even Google still believes SVC is our currency.
A search for "Bitcoin price" will show the price in SVC.
Wise (and competitors, no affiliation just can't recall other names at the moment) are popular/standard in Europe, but as far as I can tell not so much in North America. I don't know why; as far as I can tell it's supported (certainly the currencies are) and allowed?
Of course if you have cash you want sent it's no good, but I'm not sure how many legitimate use cases there are (where you can't deposit in a bank current account first) for that these days.