Originally Posted by Adraco

God, you're retarded!
You don't even show any signs of knowing what a wire is. A wire is an instant transfer, where money is being dialed in, usually via phonelines. Direct contact between the banks, they watch the funds clear in real time and deal is done (often no money is transferred in real time, but an account is virtually credited, then a final clearing is done at night, which is why such things as overnight limits and overdrafts exists, but that's probably above your head).

What you are referring to, and what is free, in most European countries, is what Americans know as ACH. There is a payment directive in place in Europe, effective from July 1st 2010, where it stipulates that intra European transfers are to be free and done within a day, in one or two years. Transferring from one account in one bank, to your friends account in the same bank is usually instant or within the hour.

You should really try to get out more, you surely show how ignorant and unknowing you are with your post. Next time, try to read up on things, before just running your mouth.