Why can’t banks make transfers and payments on the weekend when everything is digital and automated?

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At least where I live, if I make a transfer between my accounts (with different banks) too late on a Friday, the money won’t be available until Monday. But there are no humans involved in this process – it seems to me that could be instantaneous as far as the technology is concerned. What am I missing?

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Anonymous 0 Comments

this is one of those times when someone from the states is like ” hey why do we all do this thing this way? ” and the world goes ” ummm ya that’s just you ” haha

Canada: we can send a e-transfer to anyone anytime, I think different banks put different limits on amount. I can send 3,000 a day or 10,000 a week, I am a small time contractor and its just so easy to get paid that I usually get the notification of deposit before I pull out of their drive way.

do US banks not have phone apps? even small time credit unions have them and I do all my banking on my phone for the most part, haven’t been inside a bank in probably 5-7 years

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