you’re absolutely correct… we’ve had this in australia for years and it changes the game tbh

it was added with a system that integrates account details with phone numbers, email addresses, abns (australian business number), so you can pay to all these identifiers without bank details from any bank to any bank, and it’s instant

the massive benefit of it being bank to bank rather than some shit 3rd party app is you’re much more protected against fraud, and there’s lots of insurance going on that you’re not aware of until something goes wrong