Topic: The American banking system is absurd

Anonymous A started this discussion 1 year ago #118,216

We still hand write paper checks like we are Victorians. Those checks can take several days or weeks to clear. Meanwhile, in Asian (even in developing countries), transactions happen immediately via phone. It's fucking absurd.

Anonymous B joined in and replied with this 1 year ago, 45 minutes later[^] [v] #1,299,548

I've never written a check in my life. I haven't had a wallet in years, Apple pay and a picture of my ID works for everything I need.

Anonymous C joined in and replied with this 1 year ago, 44 minutes later, 1 hour after the original post[^] [v] #1,299,550

Transactions always take several days to clear. However, by use of the "Pending" function, they can appear to be instantaneous.

Anonymous D joined in and replied with this 1 year ago, 2 hours later, 4 hours after the original post[^] [v] #1,299,561

Use bitcoin

dw !p9hU6ckyqw joined in and replied with this 1 year ago, 2 hours later, 6 hours after the original post[^] [v] #1,299,574

@1,299,550 (C)
Nope

Anonymous F joined in and replied with this 1 year ago, 1 hour later, 7 hours after the original post[^] [v] #1,299,585

What I find absurd is it takes 3-5 bUsIneSS dAyS to send money to another bank account even if both are your own. I’ll never forget the one day I physically drove to one bank, took it out as cash and then physically drove to the other and deposited it in about an hour even with mid day traffic.

@1,299,548 (B)
NFC is still not accepted at most gas pumps and is not accepted at Wal mart.,

Anonymous G joined in and replied with this 1 year ago, 8 minutes later, 7 hours after the original post[^] [v] #1,299,587

Banksters and credit card companies donated campaign contributions this year, the system is working as intended.

Anonymous H joined in and replied with this 1 year ago, 6 minutes later, 8 hours after the original post[^] [v] #1,299,588

@1,299,585 (F)
massive number of daily transactions = nothing short of a quantum supercomputer can avoid giga lag

Anonymous C replied with this 1 year ago, 19 minutes later, 8 hours after the original post[^] [v] #1,299,595

@1,299,574 (dw !p9hU6ckyqw)

Yes.

boof joined in and replied with this 1 year ago, 1 hour later, 9 hours after the original post[^] [v] #1,299,613

the trouble with electronic transactions is that depending on the bank or country, you could be paying a fee just for doing a transaction

these people they'll screw ya I tell ya

Anonymous A (OP) replied with this 1 year ago, 11 minutes later, 9 hours after the original post[^] [v] #1,299,616

itt: Americans defending their Victorian banking system lol

dw !p9hU6ckyqw replied with this 1 year ago, 6 minutes later, 9 hours after the original post[^] [v] #1,299,618

@1,299,595 (C)
Please read up

Anonymous A (OP) replied with this 1 year ago, 1 minute later, 9 hours after the original post[^] [v] #1,299,620

@1,299,613 (boof)
Despite almost all of Asia doing it without a problem?

Anonymous D replied with this 1 year ago, 2 minutes later, 10 hours after the original post[^] [v] #1,299,624

@previous (A)
But then you have to use asian money. Gross.

boof replied with this 1 year ago, 5 minutes later, 10 hours after the original post[^] [v] #1,299,629

@1,299,620 (A)
oh no argument there, and those banks also may be fuckin you with fees when using czechs too

Anonymous C replied with this 1 year ago, 2 hours later, 12 hours after the original post[^] [v] #1,299,685

@1,299,620 (A)

Counterpoint: yellow people

Minichan