Re: Transferring money between two bank accounts across borders

the "paper check."

These things, aside from predating computers, actually predate paper money,
at least in Europe, having their origins in schemes relying on trusted
account-holding entities (primarily, AIUI, in Amsterdam) to avoid hauling a
lot of silver around in sailing ships.

A paper check allows transfer of money across borders between two bank
accounts, and is inexpensive or free.

The clearing of the check may take multiple days, but that isn't one of
Brent's criteria here.

On Thu, Dec 14, 2017 at 2:35 AM, Brent Shambaugh <brent.shambaugh@gmail.com>
wrote:

> I am wondering. Is there a financial product that allows for transfer of
> money across borders between two bank accounts? The answer I know of, but
> do not prefer, is a wire transfer due to its expense. Is there inexpensive
> or free?

Received on Thursday, 14 December 2017 16:13:46 UTC