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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...
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.