MSGID: 2:292/854 16113105
REPLY: 1:153/757.21@fidonet 06624ae3
TZUTC: 0100
August,
 
AA> What are the main differences in how banking is done in the EU
AA> that make it superior?   ..and why aren't those systems adopted
AA> elewhere then?
 
The issue which led to my remark simply wouldn't fly here. For starters.
 
Direct-deposit here is instantaneous. Also when transfering to another bank.
 
Cheques were discontinued here Jan.1 2002, that's now 21 years ago. They were
too expensive but I still see them used in North America, it's a primitive
form of paying.
 
Chipped cards? We already had 'm like 20 years ago.
 
Our debit cards still cannot be used in North America because of massive
debit-card fraud. credit cards need to be re-activated every 6 months for
security purposes in North America.
 
You know, stories like the one which started this, simply don't happen here.
When I reserved a hotel-room in Calgary from Belgium last October, within
minutes I got a call from the bank "We are informing you your Master Card has
been used in Calgary. Are you aware?" Same happened when I booked a hotel in
Anchorage AK.
 
Have a nice day,
 
 \%/@rd

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