Luigi asks...
Could US banks be on the new Chinese Int'l Banking Standard(CIPS)?
Are the old Banking Standards (SWIFT) becoming obsolete?
This bank story may suggest that. Will this lead to an asset-gold backed USD?
Inquiring minds want to know.
It's only a bank story. Not varified. Your opine.
21 Oct 2017 Bank story from around the web ...
A New Bank Story this Morning I just came back from my banker this morning to talk and order some more VND. I was at 5/3 and able to buy some more, but a friend of mine in Ohio was told at 5/3 where he banks they were out. I noticed my transaction taking longer today, so I inquired about it. She told me they were learning a new system today. She also told me what took so long was them, and not, the system. I shared that I heard a new system was coming to the banks that was much faster than the old system. She told me, “Oh yes, it is much faster.” I further shared, “I hear it is much safer as well.” She said, Yes, it is.” Funny what information you can get when you have a casual conversation.