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I don't know how it works outside of Italy but here we can make instantaneous bank transfers for free or a really small (and capped fee) to anyone just knowing their bank account without leaking any secret information.

How does it work in the US?



You go to your bank's website and input the other person's bank routing information to make a transfer.

But with the same information someone can also make a withdrawal, which is problematic.


Whoa... that's totally broken...




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