>> Quite ridiculously, it is NOT possible to go online and move money >> from your bank account, at a given bank, to a friend's bank account >> (I mean at the same bank). > >CompuBank. (and about 1/2 dozen others) > Fair enough --- that's great! >> If that was possible, the problem would be solved --- some exchange >> provider would just have an account at a large bank (Chase or >> whatever) and you could instantly send him money. >> >> Of course, that will never happen. > >Well, that's how we did things here at GoldDirectory.com for most of last >year using checking accounts at X.com. They DID close down, but others are >coming to take their place; it's only a matter of time. > OK -- so that didn't work! TO be clear, you could now do, exactly what you did (that same process), at CompuBank, Craig? Thus, if your MM had an account at CompuBank, and I had an act at CompuBank, I could transfer you money, in real time, you could check that I honestly did that in real time, and IT WOULD BE REASONABLY NON-REVOLABLE, and you could send me e-gold? Is that about right? >There's really no problem with a bank allowing it's customers to send money >to another customer's account, just as there is no problem with a bank >allowing a customer to withdraw cash -- as long as the money has been >cleared. Absolutely -- I agree (indeed, futhermore, there would be no problem with all USD-denominated banks getting together and allowing that to happen interbank -- of course it would require over! a hundred! lines of computer code to make it happen) However, I was being sarcastic because, of course, the banks DONT DO this -- even thought it would be so easy for them to do so (as, you say, CompuBank does -- and that's terrific if CompuBank does that). > >Craig --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]