this post was submitted on 28 Sep 2026

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submitted 1 month ago by Stamets@lemmy.dbzer0.com to c/whitepeopletwitter@sh.itjust.works

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[–] Earthwormjim91@lemmy.world 4 points 1 month ago (5 children)

But it’s the same thing. The banks just front the money essentially. The actual transaction doesn’t clear until later.

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[–] trxxruraxvr@lemmy.world 11 points 1 month ago

Then they can do that the other way as well

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[–] Darkonion@lemmy.world 3 points 1 month ago

Seems like a good job for a bank, and something reasonable they could do in other countries too.

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[–] state_electrician@discuss.tchncs.de 3 points 1 month ago

You got any source for that? From what I read they settle it immediately.

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[–] Rinox@feddit.it 1 point 1 month ago

If they use SEPA, it's settled instantly.

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