Money transfer graph/connection
Split wise can have an option of choosing who's bank account details I already have with me. When this is done by all the contacts in my account, splitwise would be able to suggest multi-hop money transfers.
E.g. If A owes $50 to C (A does not have the bank details of C), and if there is B who's bank acc details is known to A, and if B holds the details of C'c bank account, then a graph of A->B->C can be auto suggested by your software. i.e. A sends $50 to B, who will then owe $50 to C.
When such a transfer is done, splitwise should auto enter transaction details in the accounts of A B and C.
We keep doing this all the time. It greatly avoids us from sharing our bank details with all the ppl who are in dept. i.e. it helps us in minimizing the number of people to whom we need to share our bank details with.
We actually have something like this already – we call it “simplify debts”, and you can find it on your user settings page. It allows you to choose a list of people to simplify debts with, and it will automatically try to find money transfers that make it easier for everyone to pay each other back (while making sure that everyone still owes the same amount in total, and no one owes a person that they don’t know). Give it a try!
If you’re looking for a different feature, or if I’ve misunderstood your suggestion, let us know at support@splitwise.com – we’d love to hear what you think :)
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