Bank transfer chargebacks

Are they possible? I've never had a problem myself. Anyone else know the answer or have had such issue.

 

[drag0nslay3rr]

Dont think its possible, and if it happened the person charging back would need a very good reason/proof for doing so

 

Dont think its possible, and if it happened the person charging back would need a very good reason/proof for doing so

I've been scammed before when I first started trading on Sythe via UKBT and my bank done nothing. UK banks as quite safe from what I see since you need a card reader and depending on the bank you're with your bank card too when you make any payments/transfers. Back home in Australia you just log into your bank, transfer the money and boom done.

 

[Snow Patrol]

Definitely possible, it requires a bit of social engineering on the person transferring the money, but with a few phone calls and smooth talking to the right people I'm fairly certain it can be done depending on which bank they're using.

 

[drag0nslay3rr]

Definitely possible, it requires a bit of social engineering on the person transferring the money, but with a few phone calls and smooth talking to the right people I'm fairly certain it can be done depending on which bank they're using.

damn, didn't know that

 

[BGlave]

You can cancel a transfer. I think it's possible.

 

[Apith]

Not easily, a bank in canada had a bunch of its accounts compromised. Those hackers bought gold with it. Pretty sure most, if not all, payments were reversed. I think R2P gave a warning about it at that time.

It is possible but odds are extremely slim. You cant cancel the payment once it is in the other person's account. Any reason will most likely not be accepted either. If the bank was at fault for not protecting your info properly, my guess is they would contact the seller's bank and ask what it was for. For all they know the gp seller was part of the hackers.

 

You can cancel a transfer. I think it's possible.

Not easily, a bank in canada had a bunch of its accounts compromised. Those hackers bought gold with it. Pretty sure most, if not all, payments were reversed. I think R2P gave a warning about it at that time.

It is possible but odds are extremely slim. You cant cancel the payment once it is in the other person's account. Any reason will most likely not be accepted either. If the bank was at fault for not protecting your info properly, my guess is they would contact the seller's bank and ask what it was for. For all they know the gp seller was part of the hackers.

Well with British bank transfers it's instant, if you're saying it can't be reversed once the funds are in 'my' bank account, it wouldn't be reversible?

How is online bank transfers done everywhere else in the world? Do they have card readers too, or is it just a log into your banking and boom money sent kinda thing?

 

[wizardzgame]

If the transfer was unauthorized and you can prove it it can be reversed. This is often the case with compromised bank accounts, but it can vary depending on policy from bank to bank.

 

When I think about it now, the likely hood of someone charging back a British bank transfer would be quite slim. Simply because you'll need not only the card reader designated for that bank account, but also the pin number for the card too. Still then, online banking details and the bank card linked to the account in question. Not all of which would be obtained if someone broke into a house, computer hijacking or anything along those lines.

So like Snow Patrol said it would take a lot of smooth talking and social engineering to convince your bank provider that you have indeed been hacked or someone gained access to your account without your knowings.

I don't know how online bank transfers are done anywhere else in the world though.

 

[Nytrix]

It's possible, but mainly for international transfers.

 

[Raptor lx]

It's possible, but they'd be risking fraud if it was discovered, and for high amounts I'd assume you would have to involve your local police department and file a report. Even if they DID chargeback on you, you would have their country and full legal name, and gathering the rest of a dox from that isn't too hard, so it wouldn't be in their best interests to do it.

 

It's possible, but they'd be risking fraud if it was discovered, and for high amounts I'd assume you would have to involve your local police department and file a report. Even if they DID chargeback on you, you would have their country and full legal name, and gathering the rest of a dox from that isn't too hard, so it wouldn't be in their best interests to do it.

I don't think I'd ever do international bank transfer, it's faster (probably less fee's) with Western Union bank transfer.

 

[Apith]

I don't think I'd ever do international bank transfer, it's faster (probably less fee's) with Western Union bank transfer.

Bank has similar fees if not cheaper. But it can take 5 business days to reach the receivers bank. I see it done more often when large gold sellers pay people they buy from. No one is patient enough to wait 5 days before they can get their gold.

 

[Azie]

if its a mistake, what usually happens is that your bank will try to get the payment reversed. If that fails, they usually send you a letter or inform you to contact the bank of the person you sent the money too. They will give you like a special code which is a bit like the code you get when opening up a ticket. The bank will then take it from there and reverse your payment.

however, not all banks are the same..

 

[I_DONT_BOT]

British bank transfers are instant, and they have to have really good proof it wasn't them aswell as take legal action in the UK to get their cash back. That way the IP's of the 'hacker' get traced and they get done for fraud. They're gonna dispute it very often.

 

[Busta305]

It is possible if it was a stolen account and unauthorized, but much safer than PayPal or credit card.

 

[fcpl0x]

Yeah I was looking at bitcoin trading, and there are some scammers that send frauded bank transfers and charge it back.