#Remittance

Remittance is the ritual of pulling an invisible lever to force money into someone else’s account. One marvels more at the speed at which fees take flight than at the recipient’s gratitude. Yet that swiftness is always canceled by the irony of delayed arrival notifications. The financial institutions boasting world-connecting transfers rely on the illusion of real-time, nothing more.

A wire transfer is a ritual that transmutes data phantoms of money across the arcane borders of banking institutions. By the time the transfer is said to be complete, the sender’s patience and social trust have often dwindled. Offerings in the form of transaction fees are sacrificed to appease the invisible deities of finance, promising a tiny remnant to appear in the recipient’s account hours or days later. Despite its promises of speed, the funds traverse a labyrinth of unseen intermediaries that defy all logic.