Thread Options
#2250229 - 03/08/21 09:05 PM Refuse a Wire
terpsfan Offline
Diamond Poster
Joined: Feb 2007
Posts: 1,970
Even though the payee matches can we refuse an incoming wire due to suspected fraud?

Return to Top
eBanking / Technology
#2250578 - 03/15/21 06:21 PM Re: Refuse a Wire terpsfan
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 78,597
Galveston, TX
Have you read your depositor's agreement. Many (of the good ones anyway) have a statement similar to this: "We reserve the right to refuse to accept any payment order. Payment orders are accepted when they are executed by us. "
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top

Moderator:  Andy_Z