Say I regularly import some small quantity of style clothing from EU and JP, and I have to exchange the money between EUR and my local currency.
The fees of bank wire is costly and it usually takes several business days.

How good bitcoin would help in this case?

The best scenario I can imagine is that the exporter and I can make the transaction without exposing to bitcoin directly. I just need to transfer the amount of local money I want, and the exporter will receive the money of their local currency in their bank account. There is no bitcoin visible to the users and bitcoin just acts as the medium of money transmission, as I don't want to make the effort to convince the exporters about receiving bitcoin. Maybe I can do it by combining some existing services like a bitcoin exchange and bitpay, but the cost of cumbersome will completely offset the benefits. (And that I have to wire transfer the money to an exchange is unacceptable in the first place)

edit: those merchants have physical stores only.

I'm not sure if it's mentioned before.


FRB is not necessary for lending.

A borrower can just issue bonds or the similar like time deposits for raising the fund.
And the bonds are not used as the accounting units or medium of exchange like a currency.

Am I correct?