The Difference Between the Us and Australia?

In australia, you have to be registered with apra. You have to get a license from them to do that. And then you have to be a part of e the payments inf shrockshire,. With the reserve bank of australia. So you have to hold a bank account with them, effectively. That bank account, in there, you have your exchange settlement funds. If you pay from c b a to west pack, they itl only arrive the next day. The way this used to happen was, if c b a were sending money to westpack, they would just basically send a, like some sort of message to westpark A. S now,...