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Wednesday, June 28, 2017

BANK STORY, 28 FEB


Update:


THE TREASURY HAS STARTED RECEIVING "PINGS" FOR EXCHANGE ACTIVITY. THE FINAL GLITCHES ARE BEING RESOLVED.

BANK STORY: A WF EMPLOYEE STATED THAT ALL ESSENTIAL EMPLOYEES ARE NOW TRAINED ON THE UPDATE FOR FOREIGN CURRENCY EXCHANGES.

BANK STORY 2 - BANKS RECEIVED A BULLETIN INSTRUCTING TO GET THIS DONE, AND ACKNOWLEDING THE "NO TAX" ON EXCHANGE PROCESS

BANK STORY 3 - SOME BANK STAFF ARE BEING CALLED IN AT 7 AM...2 HOURS BEFORE REGULAR OPENING HOURS.

Lena:
I'll bet the pings are to see if the system is working properly.....

Weuns:
Pings are computer to computer tests to check connectivity

SwampyJack:
Pings are important as they enumerate the speed of the transactional speed of receive and send, they respond in milliseconds need to see this happen for the confirmation of our transactions

Azletwinmom:
Pings mean the banks can communicate with the Treasury. That is awesome!

Lurkerinvested:
the last time we heard about receiving Pings was in November of 2014, when the elite were exchanging their currency!! This is do exciting!

FullSail:
Ping...in plain english... is to ensure the communications between the parties are not only working properly but also measuring the time it takes for that signal to travel. Successful pings = good & proper connections, and in this case, between the major financial institutions involved

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