Dammit. TIL that most small banks/credit unions in the US don't have SWIFT codes.
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why not just use
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Let me know when they've signed up all the bureaucratic payer orgs around the world :D
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I painfully discovered this when I had a French roommate once who couldn't understand why I didn't know what SWIFT was
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I've used SWIFT for years on my business bank account, but only just realized most personal banking instis don't support it :/
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instant personal remittances between individuals is a big feature of bitcoin, quicker and cheaper
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@JoelJanney It's not the mechanism that is slow. It is the institutional mechanisms on both ends and at financial borders.
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more like alchemy than science
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banks making unique fasteners/screws requiring unique tool to execute?
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from US to India? It can be a bit complicated.. some banks do it directly. For some, an intermediate step is required.
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