EU internal transfers are most likely made by SEPA (Single Euro Payments Area) i... | Hacker News

Hacker News new | past | comments | ask | show | jobs | submit

login

wnkrshm on Sept 15, 2019 | parent | context | favorite | on: France and Germany Agree to Block Facebook's Libra

EU internal transfers are most likely made by SEPA (Single Euro Payments Area) infrastructure (with European clearing entities) or for large sums by direct communication/deals between the European banks. Why would any US entity be needed for this?

pvorb on Sept 16, 2019 [–]

Exactly. And since most corporations I deal with have at least an office in a European country, I almost never have to deal with US banks.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact