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Old 11-15-2016, 08:59 AM  
Barry-xlovecam
It's 42
 
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Join Date: Jun 2010
Location: Global
Posts: 18,083
Eventually, there will be world-wide interbank transfer like ACH in the USA and SEPA in the Eurozone.

Traditional banks are living in a dying past.
Guaranteed electronic (digital) transfer.
You would not need credit card associations either.

This would put a lot of people out of business ... "eventually."
This would also create a lot of new business and trade -- that is what scares them (all).

Best thing to do is deal with people who can deal with you. We have no problem with SEPA ...
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