That doesnt really benefit then banks other than, perhaps, some transaction fees. It is taking money out of the banking system. That is not their goal.
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That doesnt really benefit then banks other than, perhaps, some transaction fees. It is taking money out of the banking system. That is not their goal.
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Exactly, the transaction charges will however help generate something for them. It may not be so significant though. Thanks so much too for helping me understand this better sir.
That is what we are here for. Hopefully we can all help each other and keep passing the knowledge on to others.
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