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Banks for the People (noemamag.com)
2 points by gHeadphone on March 17, 2023 | hide | past | favorite | 1 comment



If a new banking system comes to be, please add a layer of indirection to account numbers so that I can have a "household bills" account, setup ACH transactions, and use whatever backing bank I want. If I decide to change banks, I should be able to change the backing bank w/o having to change all my ACH transactions, ie, bank account number portability like phone number portability.




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