Quote:
Originally Posted by Due
That doesn't appear to be a chargeback, its a compliance issue.
Either the beneficiary, the sender, the receiving bank, the country the receiver is located in or an intermediate bank was most likely sanctioned to some extend by the US government.
Normal people can't revert wire transfers. The US Government can't do it neither, but if the bank doesn't comply they will loose the right to perform transactions in USD, so banks normally comply with their "request".
|
Yeah, I think if it was possible to do a sender initiated chargeback/reversal on a wire we'd be hearing a lot more complaints about dodgy companies stealing payments back from their affiliates.
I had a final payment accidentally sent twice by a biller; they sent me an email asking for it back, and I went into my bank to authorise the reversal. Pretty sure they knew that I could have ignored that email and kept the money.