The problem arises when the banks are in two different countries. If money leaves your account and mistakenly ends up in an account in another country, even within Europe, it can be very difficult to recover.
That is why national payment systems tend to work relatively well. Cross border systems are a completely different challenge.
The problem arises when the banks are in two different countries. If money leaves your account and mistakenly ends up in an account in another country, even within Europe, it can be very difficult to recover.
That is why national payment systems tend to work relatively well. Cross border systems are a completely different challenge.