Comment Comment by catchmrbharath India is way ahead of the US financial system. I am a student here in US and I can't really fathom how bad the US financial system is.- Intra bank wires / transfers are free and happen within 10s- Cheques are free- You don't have a system where you can lose all your money if you give your handwritten cheques to somebody (who came up with echeques anyway?)- You don't get charged to have a checking account. They pay you interest for your account.- Get a message about every transaction, every withdrawal that you do immediately. parent catchmrbharath 10 years ago
- Intra bank wires / transfers are free and happen within 10s
- Cheques are free
- You don't have a system where you can lose all your money if you give your handwritten cheques to somebody (who came up with echeques anyway?)
- You don't get charged to have a checking account. They pay you interest for your account.
- Get a message about every transaction, every withdrawal that you do immediately.