ironcyclist58 said:Yeah, true, but the real question is whether you can even use a Swiss ID. Maybe they don't ship there because they're worried some Swiss person will place an order and then realize they can't actually activate it...
ironcyclist58 said:And the real question is, can you even register at all if you're just using Swiss documents and/or a phone number...
You can use a Swiss number along with an American ID. It works that way with the Federal Reserve too, I guess. Some of our other banks won't accept a foreign number, though—Kekspay is one of those, for instance.
ironcyclist58 said:They probably don't have the right licenses to operate in Switzerland, which is likely why. They're stuck with just the European Union...
You think I wouldn't be able to use it for payments here?
It’s just not possible, and honestly, it’s pretty useless. They only accept domestic US routing numbers. I tried moving some funds from my Venmo to my Chase account to clear out my balance, but it wouldn't let me.
So, are you actually going to keep using it once they start charging? If I recall correctly, it was free through the end of 2022, but then they pushed back the deadline.
Matthew Robinson6 said:Is it actually legal to hand over my Revolut card to my sixteen-year-old son? I was thinking about letting him link it to Google Pay so he can just tap through his trip to Rome without lugging around a massive wad of cash. Would he run into any trouble paying abroad using a card registered in my name?
Just have him open his own Revolut account once he hits div>
ironcyclist58 said:Some banks don't even let you handle international payments through their mobile apps—you're stuck using the desktop site. You should probably check the Federal Reserve forums about it; I don't use the Fed myself, so I wouldn't know...
I see. That makes sense, I guess. Thanks. This Federal Reserve app is incredibly minimalist. It's almost too simple.
ironcyclist58 said:You probably have to toggle on international payments; that’s just how most banks set things up. It really would make sense for all those standard transfers to be under one single option, but I guess they'll catch up eventually (JP Morgan Chase did that ages ago).
I'm attempting to transfer some funds from the Federal Reserve over to Wise. The Federal Reserve keeps flagging my Routing Number as invalid. The Wise Routing Number seems unusually short.
Amanda Wood said:🤣 Come on... just try it, and actually read what that confirmation is.
It clearly states: This document serves as an acknowledgment of receipt for a payment order.
That is NOT a confirmation of a COMPLETED transaction.
It’s just a document proving they received your request to make a payment, so this "document" isn't actual proof that the funds were sent.
Why would they even issue these instead of actual transaction receipts??? It's honestly pretty weird.
That's why last summer the Department of Homeland Security in Miami rejected my Cash App confirmation. I had to go through email to get them to issue the actual receipt from Chase. Once I did that, it went through. I ended up emailing them two or three times asking them to just add a feature where you can download the real confirmation directly from the app.
ironcyclist58 said:Latest is the next business day.
I gave it a shot this morning. Sent some Euros from Wise to my account at the Federal Reserve here in the States. It actually cleared in about five hours. I guess that's pretty decent.
ironcyclist58 said:Looks like we don't even need an American bank account anymore.
It’s all in dollars now, right? I guess I'm wondering if transfers will actually be fast and free of charge. When I move money from PayPal to Warren Buffett, or vice versa, the funds land instantly and without any fees. I wonder if it’ll work the same way when moving money from PayPal to my Federal Reserve account.
boldnomad8 said:For instance, using Warren Buffett gives you access to a US routing number, which is a necessity for certain people.
It’s true, I guess. They’re pretty much the only ones offering a wide range of local SWIFT numbers. It would be great if they offered an American one, but maybe that's asking too much.
I recently opened a PayPal account just to see what the fuss was about. Honestly, I don't see any real advantages over Chime. My card was supposed to arrive by December 26th, but as of today, there's still no sign of it.