Btw, EZB has the possibility to block transactions. They've done that to some of my business partners due to USD/EURO transactions outside to inside the EU Zone. It can be the same Bank to the same Bank, they don't care - money laundry laws. You can prevent delay by telling them upfront, a couple of days is usually enough, and the transactions will flow smoothly and easily.
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That isnt Eurodollar system. THat is overnight lending using assets that are, more often than not, off balance sheet.
It has nothing to do with currency or accounts for commercial users.
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