@neil I thought banks were basically already doing this (though perhaps not with an SLA), and I have had /opinions/ about this for a long time as I do not see it as the bank's responsibility to bear the cost of this at the point they have told you, som...
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@neil I thought banks were basically already doing this (though perhaps not with an SLA), and I have had /opinions/ about this for a long time as I do not see it as the bank's responsibility to bear the cost of this at the point they have told you, sometimes repeatedly, not to send your money
I think the regulator hopes what will happen is banks get better at capturing the money rather than letting it escape their clutches, but I doubt that will happen without slowing down payments for everyone
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Interpipes ๐replied to Interpipes ๐ last edited by
@neil oh, here we go, the other shoe has dropped - banks will be able to delay - up to 4 wd - suspicious payments https://www.bbc.co.uk/news/articles/cn7yel28rx6o
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@interpipes Bingo!
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@neil @interpipes aah, weโre deciding to solve the problem of โinstant payments facilitate fraudโ by giving up on instant payments