Joco Posted March 19, 2018 Report Share Posted March 19, 2018 6 hours ago, michael2595 said: Patriot Act, serious changesto bank security and other invasive regulations, and the urge to make profit. Money laundering has become a big issue..Example, Bank of America will first charge you a one time 19.95 USD to get a special double verification number and then you can do that type of transfer and others. Many of us use Xoom, Transferwise, XE and others. The highest charge is about $5USD. I never had to pay to be verified by any of the other services. It was free. Link to comment Share on other sites More sharing options...
Zeb Posted March 20, 2018 Report Share Posted March 20, 2018 It is good that these services have shown up to compete with the banks' not user friendly services. Link to comment Share on other sites More sharing options...
zerbit Posted March 20, 2018 Report Share Posted March 20, 2018 13 minutes ago, Zeb said: It is good that these services have shown up to compete with the banks' not user friendly services. Banks hate them too. Expect bank lobbyists to try and shut them down under the guise of national security. Link to comment Share on other sites More sharing options...
Zeb Posted March 20, 2018 Report Share Posted March 20, 2018 Just now, zerbit said: Banks hate them too. Expect bank lobbyists to try and shut them down under the guise of national security. That , and drug money, is ALWAYS the excuse used to making more regulations that do not favor the consumer. Link to comment Share on other sites More sharing options...
Joco Posted March 20, 2018 Report Share Posted March 20, 2018 Most of the services operate outside of the US. Transferwise is located in GB. Link to comment Share on other sites More sharing options...
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