broadband, narrow banking


Just got the following e-mail note: “We are processing your request to transfer funds to your “PP” account from your bank account ending in **02. Processing usually takes 3-5 business days but may vary by bank.

Does it really? 

Here in the third world – Brazil – I transfer money to my kids account from my personal account at any time, day or night, and the money is in their account as soon as I press “enter”.

You see, today I sent money from my Bank to Paypal (100 USD) and from Paypal to my other bank (50 USD). All transactions in USA. For the next 3 to 5 days 150 USD are gone to a limbo where I can’t use or even access it.  

In times of Internet broadband I don´t know how the American people except this outrageous situation? Do you?



Published by

Carlos Rix

My name is Carlos Rix, I am in Brazil. This blog is a nice place to meet people, make friends, express myself, etc. I like Citizen Journalism. I am in Brazil now, but i have traveled around too. Places like Argentina, Paraguay, Bolivia, United States, Korea... there are many other places I would like to know... life is really nice, all I do is to give it a chance. I would like to visit Aquaba in Jordam, Lebanon, Italy, Spain and Portugal.

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