When I transfer money from my bank account to another, the money disappear immediately from my account but they appear after one or two days in the other account.
Where exactly is my money during this period? Who hosts it? Am I insured against loss? What happens if the the sender’s or the receiver’s bank bankrupts at that exact time?
In: 8
The banks m a ke money on your money while it is transit between a and b up two days because its a free window for them to play with tax free money $$$$$$$$$ think how many transactions happen away. And they want a cashless world for fools and suckers? Say no Noone need them its time to blow them off clear the air the world of them?
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