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Swift hacked again......


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I can't tell you what a pain it is to work with SWIFT.  I've been trying to get back $955 dollars which is frozen right now.  The bank in Mexico doesn't know how to deal with the issue and the bank in Peru doesn't have a clue either.  I've spent so much time trying to get this amount in the right account and it is just incredible all the trouble and time that I have to go through.  SWIFT has to replaced,  there is just no excuse for this to happen in this time and date.  We can get signals back from the space station before money can get to another country....ridiculous.

My 2 cents...

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3 hours ago, taebuoytogI said:

I can't tell you what a pain it is to work with SWIFT.  I've been trying to get back $955 dollars which is frozen right now.  The bank in Mexico doesn't know how to deal with the issue and the bank in Peru doesn't have a clue either.  I've spent so much time trying to get this amount in the right account and it is just incredible all the trouble and time that I have to go through.  SWIFT has to replaced,  there is just no excuse for this to happen in this time and date.  We can get signals back from the space station before money can get to another country....ridiculous.

My 2 cents...

can tell you a same story about a €50.000 transfer about a transfer from dutch bank (rabo) to India. Has been frozen for two months... It is a pain in the ***. 50k just 'lost'. Imagine the troubles of not being able to pay the bills just because of 'the system'.

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4 hours ago, taebuoytogI said:

I can't tell you what a pain it is to work with SWIFT.  I've been trying to get back $955 dollars which is frozen right now.  The bank in Mexico doesn't know how to deal with the issue and the bank in Peru doesn't have a clue either.  I've spent so much time trying to get this amount in the right account and it is just incredible all the trouble and time that I have to go through.  SWIFT has to replaced,  there is just no excuse for this to happen in this time and date.  We can get signals back from the space station before money can get to another country....ridiculous.

My 2 cents...

I work with remittances on a day to day basis and cross boarder payments are a pain. I have had distributions being sent to the wrong accounts in the Philippines multiple times despite all information provided being correct and having these funds stuck for months before being resolved.

 

The system is outdated and needs to be replaced. 

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6 hours ago, xrp_ins said:

can tell you a same story about a €50.000 transfer about a transfer from dutch bank (rabo) to India. Has been frozen for two months... It is a pain in the ***. 50k just 'lost'. Imagine the troubles of not being able to pay the bills just because of 'the system'.

I am so sorry that your 50K transfer has taken this long.  My amount is peanuts compared to yours.  I would be losing my mind if that amount would be frozen.  That is exactly why I believe in Ripple 100%.  I hope that your issue gets resolved quick... keep me updated through IM.  Good luck.

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