Fed’s new instant payment system could be trouble for PayPal, Venmo::The Fed’s goal is to connect 9,000 financial institutions nationwide.
Fed’s new instant payment system could be trouble for PayPal, Venmo::The Fed’s goal is to connect 9,000 financial institutions nationwide.
Bruh… the entire comment. 7 to 45 days… really? Gratuity… in a bank app?
deleted by creator
We’re talking about wire transfers, not closing on a mortgage. They take 3-5 days. I pay my loan to Rocket every month
deleted by creator
No, the entire thread is about wire transfers lol. There’s nowhere on Earth where you can close on your mortgage instantly
That’s for a mortgage not an inter-bank account to account transfer.
There is a metric shit ton that goes into a mortgage from checking financial history to an actual inspection of the house. That process takes time just from the sheer amount of parties involved.