If speed is important when wiring money, banks are not always the best place to go. Banks can take one or two business days to complete a domestic transfer, or at least four days for international ones. With private companies you'll pay higher for the speed. IRAs Mortgages Savings Super ATMs Super ATMs were originally created for non-banking Americans. Developers were surprised to find that half of the users had bank accounts.
People are busy and want to complete their banking on their own time and convenience.
Soon Super-ATMs will offer check cashing, wire transfers and money orders, with future possibilities of traveler's checks, prepaid phone cards, electronic gift cards and entertainment tickets. Banks will generate new income from advertisers instead of customers. Seemingly handy, this service has the potential for inconvenience and longer line waits. As more banks are levying ATM surcharges, the Supreme Court has decided that states can't control the rising fees. While you'll pay a bank fee per cash withdrawal, this fee is less than the high fees and interest rates accrued by credit card cash advances.