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AdamN 4 hours ago

I used RfP (Request for Payment) today for the first time. It was ~11k USD between IBKR and Chase and the transfer was instant with verification on both sides. It's interesting to see the evolution of payments in the US moving so quickly over the past few years (FedNOW, etc...)

Aachen 2 hours ago | parent | next [-]

Wdym verification on both sides, did the recipient have to do anything? You can't just send money to an account number?

physicsguy 3 hours ago | parent | prev [-]

Wait, can't you do that already?!

I'm in my 30s but we've had pretty much instant payments as long as I've had a bank account (20+ years) in the UK.