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Reply #114: That's actually legit. [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
wolfgangmo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-05-10 12:18 PM
Response to Reply #88
114. That's actually legit.
Most banks in the US do not have their own bank wire accounts. When money is wired a 3rd party "fast tracks" the payment so the money transfers immediately.

A wire transfer is sort of like a short term loan. Your bank pays a fee to get hooked up to the wire and they pass the cost onto you. $10 aint too bad.
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