this post was submitted on 27 Jan 2025
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cross-posted from: https://lemm.ee/post/53805638

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[–] [email protected] 29 points 3 days ago* (last edited 3 days ago) (21 children)

It took weeks to move big money around.

Lol this is just either a statement out of ignorance or a complete lie. Wire transfers didn't take weeks. Checks didn't take weeks to clear, and most people aren't moving "big money" via fucking cash app either.

"Big money" isn't paying half for an Uber unless you're like 16 years old.

[–] [email protected] -2 points 3 days ago* (last edited 3 days ago) (12 children)

It depends on the bank and the amount you are trying to move.There are banks that might take a week (five business days) or so though very rare and there are banks that might do it instantly. I once used a bank in the US to move money and they sent a physical check and this was domestic not international.

Edit: I thought he meant a week not weeks. Normally a max of five working days.

[–] [email protected] 5 points 3 days ago (3 children)

Wire transfers are how you handle actual big money transfers and it doesn't take weeks.

[–] [email protected] 2 points 3 days ago* (last edited 3 days ago) (1 children)

International transfers do take time, domestic is instant. International transfer typically take 1-5 days.

[–] [email protected] 3 points 3 days ago (1 children)
[–] [email protected] 3 points 3 days ago

Oh, I thought he said days not weeks. If it takes weeks they probably suspect you of money laundering.

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