Re:Why does SWIFT messages cost money?
by mamaki on Friday June 27, 2014 @04:37AM
(#7953189)
Not as much stupid as opportunistic and complacent/lazy...
Why would a financial institution invest on something that would bring smaller profit margins than keeping everything as is ? Making money has a much higher priority than providing optimal customer service and as such until competition forces said institutions to adapt they have no incentive to change to a less profitable model...
[ Parent
| on HN ]
Re:Why does SWIFT messages cost money?
by JoelJacobson on Friday June 27, 2014 @02:06PM
(#7955395)
Actually, the SWIFT fees is a big deal for many banks.