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Can bank transfers be reversed?

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

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  1. stuffs

    stuffs Guru

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    Can bank transfers be reversed?

    Just curious.
     
  2. GodGenesis

    GodGenesis If you want things done right, leave it to UPS.
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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.
     
  3. Kenpen

    Kenpen We are all Witnesses
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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.
     
  4. whisky_ily

    whisky_ily Active Member
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    Can bank transfers be reversed?

    It can be reversed but it's very rare when that happends ;/
     
  5. Brazil Gold

    Brazil Gold Member
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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
     
  6. 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.
     
  7. 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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