this post was submitted on 02 Sep 2025
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Just use a bank? Why all these regulation dodging strange alternatives. Most banks even do email/mobile/tap transfers these days.
My guess is that USAian banks charge stupid fees for any sort of transfer between different banks
Bank transfer wouldn't be instant. A lot of banks incorporate Zelle, so that's kind of the bank's third-party etransfer. Unless your bank is not one of the ones who has it, or you prefer to use CashApp because that's what your friends all use, etc.
cash app is only "instant" because its an internal transfer. Internal transfers within banks are generally instant and interbank is still pretty quick these days. I think its hourly.