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jr993 jr993 is offline
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Join Date: Aug 2010
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I have to disagree with last post. I do a lot of wire transfers and have researched this. I think their may be some misinformation out there. EFT is reversible but a wire transfer is not, in fact if the bank or someone makes a typographical error or deposits into wrong account, they will ask you for a signed authorization prior to "refunding" from your account. Someone in the banking industry may chime in here. My information and experience has been that a wire transfer is basically irreversible.
Old 10-18-2011, 03:42 PM
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