Dammit. TIL that most small banks/credit unions in the US don't have SWIFT codes.
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Replying to @vgr
To receive intl. wire transfer, it seems you have to SWIFT it to the foreign bank's local correspondent bank, and then ACH it domestically
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Replying to @vgr
instant personal remittances between individuals is a big feature of bitcoin, quicker and cheaper
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Replying to @JoelJanney
.@JoelJanney It's not the mechanism that is slow. It is the institutional mechanisms on both ends and at financial borders.
10:31 AM - 17 Jun 2016
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