this post was submitted on 05 Oct 2024
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Elon Musk’s X Still Down in Brazil After Company Sends $5.2 Million Fine to Wrong Bank (www.mediaite.com)
submitted 1 month ago by jeffw@lemmy.world to c/technology@lemmy.world
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[–] jungle@lemmy.world 1 points 1 month ago (1 children)

It takes 1 day to wire money and it works on the first try, what are you talking about?

[–] jagged_circle@feddit.nl 1 points 1 month ago (1 children)

Have you tried wiring money to South America?

[–] jungle@lemmy.world 1 points 1 month ago* (last edited 1 month ago) (1 children)

Ah, that's a different ball game all together. Is that even possible? Last time I tried I had to wire to a US account that my Argentinian bank has in the US and they somehow transferred the money to my account. Still, it took a couple of days and it worked without a hitch.

[–] jagged_circle@feddit.nl 1 points 1 month ago (1 children)

Usually the process is:

  1. Go to SA bank. Be very clear about all of the data fields that my bank is asking me, and ask them to tell me EXACTLY what to enter. Get assurance that anything is fine.
  2. Send transfer
  3. Get transfer back to my bank
  4. Call my bank and ask what went wrong. They blame SA bank
  5. Call SA bank and ask what went wrong. They blame other bank and tell me that something they told me was wrong, and maybe I should try changing X from Y.
  6. GOTO 2 about 4 more times until it finally goes through.
[–] jungle@lemmy.world 1 points 1 month ago* (last edited 1 month ago)

Yeah, I'm not surprised. I didn't think it was even possible. Whenever I have to transfer money to my bank account in Argentina I use crypto. Much easier. That one time that I used an intermediary US account I had no other option, never tried that again.