- The video talks about a suspense account, basically locking your money prior to it being netted out against others and sent to the central bank. How often do these take place? How does that relate to my checking account having money as "available" as opposed to deposited? In general, which step is responsible for money transfer taking so long?
- What prevents me from going to two ATMs at exactly the same time and withdrawing my entire balance? Is there a single central location for instantaneous money transfers like ATMs?
- The video talks about a suspense account, basically locking your money prior to it being netted out against others and sent to the central bank. How often do these take place? How does that relate to my checking account having money as "available" as opposed to deposited? In general, which step is responsible for money transfer taking so long?
- What prevents me from going to two ATMs at exactly the same time and withdrawing my entire balance? Is there a single central location for instantaneous money transfers like ATMs?