Re:Choosing a Bank for Your Startup
by mixmastamyk on Tuesday January 11, 2022 @01:30PM
(#29895568)
Banking in the US is still so archaic.
I once had reason to use ANZ while in the area and it was a revelation. You could send money quickly and pay bills on schedule or directly with few to no fees, from modern, intuitive interfaces. >$1000 or 25 cents, didn't matter. Next, next, done.
It's how I've envisioned banking since the birth of the web, but it never happened in the US that I'm aware of. Unless you use a potentially malicious rent-seeking third party to paper over the obstacles. Not a reasonable trade-off IMHO.
I once had reason to use ANZ while in the area and it was a revelation. You could send money quickly and pay bills on schedule or directly with few to no fees, from modern, intuitive interfaces. >$1000 or 25 cents, didn't matter. Next, next, done.
It's how I've envisioned banking since the birth of the web, but it never happened in the US that I'm aware of. Unless you use a potentially malicious rent-seeking third party to paper over the obstacles. Not a reasonable trade-off IMHO.