View Single Post
Old 07-11-2006, 03:59 PM  
WarChild
Let slip the dogs of war.
 
WarChild's Avatar
 
Industry Role:
Join Date: Jan 2003
Location: Bermuda
Posts: 17,263
Quote:
Originally Posted by L-Pink
How do you bounce a wire transfer?

My bank won't allow you to send what's not there?
I guess they mean the beneficiary bank returned the wire as undeliverable.

Usually, I've found, banks make a good faith effort to try and deliver the money, even if you make spelling or say address line mistakes. So unless the swift number was bad, or the account number simply didn't exist and so on, I'd be surprised to see a wire returned.

Many banks fill out the wire form by hand, and then enter in to the system, so it's possible a mistake was made in that process?
__________________
.
WarChild is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote