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?
In: 1897
We have 24 × 7 bank to bank transfers in India free of cost.
Any amount, any day.
So it depends on the regulations and how capable the system is.
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