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To: BitWizrd who wrote (2254)	3/4/1998 9:11:00 AM
From: jjs_ynot	Read Replies (1) \| Respond to of 8545

The capacity to eliminate the bank from the transaction exists, theoretically. However, the banks provide a storefront to gather most of the customers and provides customers with a sense of solidity versus a virtual balance sheet. Additionally, with OFX banks can open up their accounts. However, banks are under no obligation at this point to participate in electronic transfers if they don't want to. Most credit unions don't do wire transfers, for example. If the banks get distraught by an end-run, they may not be able to stop someone, but they could put some very strong temporary road blocks in place.