Can bank transfers be reversed?

Discussion in 'Assets and Investment' started by stuffs, Jun 1, 2012.

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Can bank transfers be reversed?
  1. Unread #1 - Jun 1, 2012 at 9:25 AM
  2. stuffs
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    Can bank transfers be reversed?

    Just curious.
     
  3. Unread #2 - Jun 1, 2012 at 11:12 AM
  4. GodGenesis
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    Can bank transfers be reversed?

    Once you start the bank transfer, it cannot be undone.

    Got the answer from another forum and majority of the people seems to have this common understanding.
     
  5. Unread #3 - Jun 1, 2012 at 4:46 PM
  6. Kenpen
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    Can bank transfers be reversed?

    They can be Reversed, Don't listen to anyone who tells you otherwise any payment method that has bank or card funding can be reversed, It's very rare that a transfer will get reversed but if it does your bank may cover the loss(es) depending on who you bank with.
     
  7. Unread #4 - Jun 2, 2012 at 4:04 AM
  8. whisky_ily
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    Can bank transfers be reversed?

    It can be reversed but it's very rare when that happends ;/
     
  9. Unread #5 - Jun 3, 2012 at 5:45 AM
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    Can bank transfers be reversed?

    Depends on the type of bank transfer made for a domestic transaction its every easy for the bank to follow up and hence unlikely to be reversed having said this with overseas transactions especially considering first time transactions its possible if the buyer says he doesn't know the beneficiary - hopes this helps
     
  11. Unread #6 - Jun 11, 2012 at 6:41 PM
  12. Busta305
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    Can bank transfers be reversed?

    Yes they can be reversed, only safe ones are international wire transfers and even then it's possible if there was a large amount involved and was really unauthorized.
     
  13. Unread #7 - Jun 11, 2012 at 7:04 PM
  14. Sypherz
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    Can bank transfers be reversed?

    Answered. In the future you may want to try the Sythe support section.
     
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