Ask Fear & Greed: Why aren't all bank transfers instant?

Listener Chris asks: A personal bugbear of mine. Why on earth does a bank still take up to three days to transfer money from one account to another person's acount? I know there are faster options now with Osko and the like, but I'll often still get an alert saying it may take two business days to clear. What's there to clear? It's my money, it's digital, and it should be instant!

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