Quote from: ChrisPop on October 28, 2019, 10:07:16 AM

Quote from: ivakar on October 28, 2019, 09:53:13 AM

nowadays there are a lot of troubles with us dollars money transfers between companies.
maybe it is because of sanctions or money clearance, or weapons traders or I do not what ever more reasons exist, but the problem is there
you may give to bank all necessary invoices and papers, make the transfer and wait 1 month money to come to other party!! One, damn, month!
I guess to counter such cases - people may have to need bitcoin!

Transactions between companies are a little bit more complex. In my experience many of those papers are for important things & AML procedures are nothing to kid about. However a month is totally exagerrated unless there were some serious iregularities with where the money came from. International bank transfers shouldn't take more than 3-5 working days nowadays.

If there is nothing the agencies found to be more than interesting. But unfortunately there is always something more than interesting. And they would want to know more. They need more documentations and papers and evidences. And they need more time.

Bitcoin will make the transaction finished in a matter of minutes, hours at the most if the network is busier than usual.