Can you cancel a bank wire transfer once it has been sent?

  1. I did a search and couldn't find what I was looking for...please close if this is a duplicate post!

    Anyway, my question is - once you initiate/send a bank wire transfer, can you cancel it (before it reaches the other person's bank)? I know you can't get the money back once it arrives...but does anyone know about this? :shrugs:
     
  2. no one?
     
  3. Hi Kimalee! You might want to ask your bank,they might be able to do it.
     
  4. kimalee, it is my understanding that bank wire transfers go immediately into the payee's bank account. I don't think you can reverse one, but I would call my bank to be sure if I were you.
     
  5. i don't believe so but you should ask your bank
     
  6. I did this once with a pay-pal transfer and they told me once it was "in process" they could not stop it even tho it wouldn't hit my back for another 3 days!

    If you did the wire from your bank I would call them asap
     
  7. It was actually a buyer of mine who keeps saying that he sent a transfer, not me. I closed the NPB dispute last night, which gave him a strike - he told me today that if I do not remove the strike, then he'll reverse the transfer. I don't believe he ever sent it, but I just wanted to see if that was even possible.

    thanks, everyone for your help!
     
  8. I'm glad that is the situation, because I don't think it can be done. Issue that strike, honey! :cursing:
     
  9. ^yep, I did. He says he wants me to take it back, or he'll cancel the wire. He got mad at me and said I was impatient; this Thursday will mark the one month period since he won my item!
     
  10. I swear, some of these buyers just amaze me with their audacity! :nuts: What a complete loser! I'm so glad you issued the strike. You were far more patient than I would have been. My record was three weeks and I issued a strike, too. :tup:
     
  11. WHAT A JOKE! I have had Paypal stop wires to my bank several times when someone opens a dispute while one is in progress. I'm not sure how they do it though.... I think the only way is because they don't initiate the transfer right away. They hold it in another paypal owned account for a couple of days.



     
  12. First - once you start a transfer it takes 12-24 hours to be transfered to the other's bank account. I have heard of people saying it takes three days.... but what bank is that? I send/receive all around the world in small and large amounts and it happens within a day:yes: Anyways, you can't stop it.

    You also can't remove a strike on eBay right? Don't believe the delays tactics!:okay:

     

  13. You can! I didn't think you could either, but I just saw the option for it today...not a chance that I'm going to, though! :nogood: