I think they’re all guaranteed to whatever level the issuing bank guarantees anything. None of it is terribly difficult. That’s part of why it took over. It’s all in the computers anyway. Your bank account, and all your transactions. If you get cash it’s still a digital transaction. If you write a check eventually it’s a digital transaction. Once the banks computerized that’s the stuff that mattered.
Not a certainty this transaction will happen has been what have been told last time better half and I purchased a home. Don’t purchase a home often but was told it was a wire transfer and the money was not insured and if was lost their was no recourse to get the money back. I was shocked but at that point was too late to stop the already begun transfer
Transaction did complete without a hitch btw but made me say wth