Neither of those is immediate. It still takes 3 days to cash out.
But apparently you can use Western Union to send actual cold hard cash anywhere immediately. I know, I was surprised too, wouldn't know if my girlfriend didn't work there.
Re:2015 Gates Annual Letter
by rahimnathwani on Thursday January 22, 2015 @05:25AM
(#8928428)
There are many services of this kind. Some (like Western Union, MoneyGram and Ria) have agents all over the world. Others are specific to certain corridors, often serving a specific diaspora. There's also the hawala system (http://en.wikipedia.org/wiki/Hawala).
None of these options are free or close to free.
I can withdraw from PayPal and have it in my bank account instantly at no charge.
Re:2015 Gates Annual Letter
by marincounty on Thursday January 22, 2015 @07:25AM
(#8928775)
I waited 21 days after selling a item on Ebay. I hadn't used
the account in awhile, but 21 days is hostage. I'm glad they
are splitting it up.
I think they have some weird security rules. The 21 day thing happened to my brother after his first ebay sale. He phone them though and they released it immediately after verifying a few things.
Not only are they not immediate, you have to pay a fee.
In most developed countries, it's completely free to send money instantly from one account to another, even across banks and account holders.
Re:2015 Gates Annual Letter
by frakkingcylons on Thursday January 22, 2015 @01:09PM
(#8930632)
Venmo doesn't charge a fee for debit or bank account transfers.
Paypal? Venmo?