this post was submitted on 28 May 2024
1065 points (100.0% liked)
196
16509 readers
2262 users here now
Be sure to follow the rule before you head out.
Rule: You must post before you leave.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Looked into it some more - I can move money to an external account via the app at no cost, but a "wire transfer" needs to be performed in person or over the phone with my bank, and there is a $20 fee. Not sure what the difference is besides the name and how the banks are handling it, but it's the same thing. I can send money to someone at the same or a different bank/credit union for free and without relying on third party apps. Will edit my comment.