"New Banking System" by Lazarus - 4.15.17

Entry Submitted by Lazarus at 9:12 AM EDT on April 15, 2017

Yesterday I send some emergency funds to a friend in need. I send the funds from a home computer. I did not go into the bank to initiate the wire. I contact him after sending the funds to inform him to be on the lookout for them. The funds were there in under three minutes, “AND” they were available for immediate withdrawal. This was accomplished after 4:00pm. The cutoff for wires has always been 3:00pm. For outgoing, and the funds would never be available until the next banking day. Having send thousands of wires, this is something that was impossible under SWIFT and the old banking system. We have clearly transitioned over to the new banking system. The process was then repeated using different banks and the outcome was identical!

God’s speed.

Lazarus