3 ms·
If only the US banking system was as advanced as Europe's...
by mschonfeld 14y ago
If only the US banking system was as advanced as Europe's...
- buro9 14y agoI don't know whether that's sarcasm or not. I originally didn't include "UK" in my post, but then realised that my knowledge was only of UK banks and that like direct debits it may be a country specific thing.
- mschonfeld 14y agoNo no, it was actually sincere. I think that the UK's financial ecosystem is far more advanced than ours in the US... Money transfers are faster, more secure, and there's more of a general sense of progress...
- wiredfool 14y agoExcept for that one bank that managed to not be able to run it's nightly batches for nearly a month earlier this year. (RBS I think?)
- jdangu 14y agoFWIW, CSV upload for ACH payment is a typical feature of online banking for business accounts in the US.