[bisq-network/growth] Add Wire Transfer - USA as payment method (#218)

pazza notifications at github.com
Tue Jan 12 00:48:34 CET 2021


## Wire Transfer - USA

Reference: https://en.wikipedia.org/wiki/Wire_transfer

### Background

For US users wanting to trade on Bisq using bank transfers (excluding thrid party methods like Zelle and Chase) they have two options:

- ACH 
- Wire

Currently neither of these payment methods can be added to Bisq.

There is a workaround where they can be added as 'National Bank Transfer' however this is not ideal due to differences in fees and trade times.

It is a bit like a EU user using National Bank Transfer for a SEPA transfer, or a UK user using Faster Payments transfer. It does work but it is a poorer user experience. 

I am proposing to add both Wire and ACH as separate payment methods in Bisq to improve user experience and hopefully increase trade volume. 


### Why

Wire Transfers are one of the two bank transfer payment method in the the US.

### Region

USA

### Currencies

USD

### Chargeback risk

Low

### Size of user base

300 million people have access to a bank account with Wire or ACH transfers.


### Data requirements

- Account name — your name as it appears on your bank account
- Account number
- Account type: Checking or Savings
- Wire routing number
- Local US address



### Verification

TLSNotary

### Duration

Less than 24 hours


### Fees

Anything from $0-15.

Users will be aware what it costs to send / receive a domestic Wire transfer


### Fraud risk

Low


### Payment amounts

Within 0.25 BTC limit



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