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View Diary: How We Do It Over Here: Iceland vs. America (129 comments)

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  •  It's not just an "ability" which "might" be (1+ / 0-)
    Recommended by:
    Aunt Pat

    offered.  Here it is "the" system which "must" be offered.  Nobody would dream of having a bank account that didn't support greiðsluseðlar; it'd make no sense.  You don't need a "backup system" because everyone has it and everyone uses it.  All the banks use the same system and there's no fees.  By law.  So you can use it as much or as little as you want, for as big or as small of payments as you want.

    My mother sometimes sends checks from the US.  It confuses the poor cashiers who always have to try to figure out what to do with them.  It takes a good chunk of a month for them to clear.

    •  Why not keep a checking account in the USA? (2+ / 0-)
      Recommended by:
      Rei, Aunt Pat

      That's what I do, and the occasional US check goes into that account.  Checks aren't used in Norway, either.

      The Republicans are defunding, not defending, America.

      by DSPS owl on Wed Dec 05, 2012 at 12:56:16 PM PST

      [ Parent ]

    •  I mean backup system in the widest sense (1+ / 0-)
      Recommended by:
      Aunt Pat

      If I have a plumber here on site he expects to be paid before he leaves the house.  (He might be a small business who isn't set up for credit cards.)  Is that doable with your system?  Here it would be but it involves a couple of steps that make a checkbook just as easy.

      I send checks to a variety of folks globally.  Checks are cheaper than wiring (usually about $25).  Is there a way for your Mom to send you funds without incurring a fee?

      Sometimes I'm out with a friend and need to reimburse her or him but don't have cash on me.  I'm not ready yet to use smartphone browser yet for that due to lack of security.

      Sometimes power goes down and I have to complete a transaction with someone.

      I'm not liberal. I'm actually just anti-evil, OK? - Elon James White

      by Satya1 on Wed Dec 05, 2012 at 01:43:00 PM PST

      [ Parent ]

      •  Absolutely. (0+ / 0-)

        You can pay anyone, anywhere, any time.  It's one of the things I love about the country.  Now, internationally, I really don't know.  I really don't know what's the best way for my mother to send me money.  I'm sure I'll figure it out eventually.  

        Oh, and pretty much everyone here has at least one cell phone too, most people with smartphones which can still use the net with the power out.  And I can't imagine why paying someone from your home couldn't wait a few hours even when the power's out.  Are you writing checks by candlelight?  Stuffing them into envelopes in the dark, etc?  And if we really want to play the game, what happens if the power is out on the other end?  It still comes down to getting the data into a computer system either way.

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