Talk:Fedwire

External links modified
Hello fellow Wikipedians,

I have just modified one external link on Fedwire. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
 * Added archive https://web.archive.org/web/20100210014755/http://www.fededirectory.frb.org/download.cfm to https://www.fededirectory.frb.org/download.cfm

When you have finished reviewing my changes, you may follow the instructions on the template below to fix any issues with the URLs.

Cheers.— InternetArchiveBot  (Report bug) 09:35, 29 September 2017 (UTC)

Illogical predictions made
The article states Fedwire charges 3.8 to 82 cents to move amounts averaging 5 million dollars. I assume this is accurate. If it is, then it is hard to see how a smartphone app could be cheaper or faster. It sounds to me like we already have a great regulated tool for cheap fast transfers; Fedwire. If a bank is charged 3 cents for the wire and then charges it's customer $20 then that is a case of the bank gouging it's customer, not an overly expensive Fedwire system.

The author wrote:

More recently with the advancement in mobile technologies, many alternative modes of electronic funds transfers have emerged. These alternative modes are changing the way people make payments in that fewer and fewer people are using traditional banking methods to transfer money. Rather than transfer money from bank to bank, they are opting to transfer the funds directly to the other party via a mobile application. With fewer people using traditional banks, and fewer people transferring money from bank to bank, the volume of transactions going through Fedwire on a daily basis is also likely to decline. With this type of electronic funds transfers, corporations act much like the Fed by using their commercial bank accounts for processing and transferring payments between individuals. Many of these systems like PayPal, Venmo and Google Wallet are accessible on mobile devices and are much cheaper for consumers than a wire sent via the Fedwire system

ingin mengambil transferan dari luar negeri
🥺🙏 114.5.248.110 (talk) 09:46, 28 October 2022 (UTC)