Digital age, technology super advancements, rocket ships, artificial intelligence, self driving electric cars. Automated everything but local bank transfers can only be processed on bank working days, why?
I understand if it’s a big amount or overseas transfer remittance etc. Why even small amounts local bank transfers take the weekends off. Shouldn’t it be automated by now.
In: Technology
In Turkey, with this new system amounts up to 1000 Turkish Lira is processed within 20 seconds at anytime of the day or week. Other amounts needs to be processed by system that send each other messages using an intermediary service which requires human approval on most cases so they are limited to working hours minus an hour for people to close the day.
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