Reply to post: Re: Maybe the FTC should concentrate on

Walmart accused of turning blind eye to transfer fraud totaling millions of dollars

Richard 12 Silver badge

Re: Maybe the FTC should concentrate on

Transfers between most bank accounts within the UK take under two hours.

Usually, it's within 30 seconds.

In the UK the upper limit for Faster Payments is £250,000, which covers basically everything except buying a house.

Not sure about within EU, but I believe it's similar.

UK to/from EU takes much longer.

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