I’m trying to figure out how to send $6000 from my Chase bank account to my wife’s Chase account for our income tax payment and the answer is to either:
- Write a free paper check
- Send $2000 for 3 days through Zelle
- Pay $25 for a wire transfer
America 
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UPI is, but even other Bank to Bank transfer modes too. IMPS (Immediate Payment Service) NEFT (National Electronic Fund Transfer) RTGS (Real Tim Gross Settlement) Banks transfer money to us immediately n at almost no cost, and later settle amongst themselves by end of the day.
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Absolutely true! Though I never understood why the RBI went down the road of building out IMPS and NEFT when they could have lowered the value limits and expanded the operating hours of RTGS. Would have also avoided the need for net settlement
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