Missing Zelle deposits from your Bank of America account? Here’s what we know

[csrcsr]

https://www.ktvu.com/news/missing-zelle-deposits-from-your-bank-of-america-account-heres-what-we-know?utm_campaign=trueanthem&utm_medium=trueanthem&utm_source=facebook&fbclid=IwAR0OlrwLlFXZkN8pCYIDOnP_AyKiHQAOYoxUP1BRv259d7e5yt4HJN8XCgc

 

[dasari4kntr]

zelle mistakaaa..?

[pichhipullayya]

Ee zelle tho chala problems unnai.. konni banks aapesaayi

for eg: Discover bank zelle support aapesadu... why cant US have some RTGS or NEFT kind of system...

UPI ki visa, amex,mastercard, discover vallu addam padataaru..kani RTGS, NEFT aiyna undali ga

[hunkyfunky2]

26 minutes ago, pichhipullayya said:

Ee zelle tho chala problems unnai.. konni banks aapesaayi

for eg: Discover bank zelle support aapesadu... why cant US have some RTGS or NEFT kind of system...

UPI ki visa, amex,mastercard, discover vallu addam padataaru..kani RTGS, NEFT aiyna undali ga

I know all 3 are related and complete the ecosystem, but can you summarize it ? 

[csrcsr]

33 minutes ago, dasari4kntr said:

zelle mistakaaa..?

no Idea bro edo news vachindi shared just bcheck your recent deposits in zelle

[Gorantlamdhav]

53 minutes ago, pichhipullayya said:

Ee zelle tho chala problems unnai.. konni banks aapesaayi

for eg: Discover bank zelle support aapesadu... why cant US have some RTGS or NEFT kind of system...

UPI ki visa, amex,mastercard, discover vallu addam padataaru..kani RTGS, NEFT aiyna undali ga

inka nayam crypto analedu

anni smooth vuntey inni jobs companies ela nadustay? Adi anthey atla vuntundi

[pichhipullayya]

2 hours ago, hunkyfunky2 said:

I know all 3 are related and complete the ecosystem, but can you summarize it ? 

RTGS is for bigger amounts, settlement during business hours, its inter bank settlement.

NEFT is for more than 2 lakhs and less than RTGS limit ( i guess 10 lakhs or something ) 

IMPS is less than 2 lakhs.

Basic gaa ivi anni bank to bank transfer and interbank settlements.

UPI is payment using mobile numbers, adi US lo radu..

kani within US banks money transfer takes min 48 hrs if not for Zelle, which i feel is ridiculous. India lanti developing countries lo real time money transfer cheyya galigithe between banks, Zelle lanti third party company option lekunda US banks money settle chesukolevu .. ade vidduram..

[hunkyfunky2]

5 minutes ago, pichhipullayya said:

RTGS is for bigger amounts, settlement during business hours, its inter bank settlement.

NEFT is for more than 2 lakhs and less than RTGS limit ( i guess 10 lakhs or something ) 

IMPS is less than 2 lakhs.

Basic gaa ivi anni bank to bank transfer and interbank settlements.

UPI is payment using mobile numbers, adi US lo radu..

kani within US banks money transfer takes min 48 hrs if not for Zelle, which i feel is ridiculous. India lanti developing countries lo real time money transfer cheyya galigithe between banks, Zelle lanti third party company option lekunda US banks money settle chesukolevu .. ade vidduram..

Zelle is supposed to be the free solution created by banks for consumers - why pay Paypal like companies when money is ultimately transferred from one bank to bank in must cases. When works, its as easy as knowing receivers email or phone to send or receive money. But, both need bank account - which I think is not needed for PayPal etc.

India govt is subsidizing or eating the cost of running these networks is what I heard... That's where the difference is?