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What are the conditions required by a US bank to withdraw an international wire transfer?

Personal Finance & Money Asked on May 24, 2021

A friend of mine was probably close to being defrauded (he is a painter, someone sent him a document certifying that he did a wire transfer to his bank for three painting he wants to buy, asked for some shady "transport arrangements" right away yada yada yada).

I told him that this is very likely to be a scam and so that he does not do anything before seeing the money on his account. We are French, the "customer" is "American"

My question the following: under which conditions would a US bank accept a request from a customer of theirs to withdraw a wire transfer said customer did to a foreign bank?

In other words: how easy would it be for the "customer" of my friend to get his money back, once they manded on my friend’s account?

One Answer

Wire Transfers are NOT reversible. So it would be pretty hard to get the money back once it is Wire Transfered unless your friend sends the money by mail.

Answered by Joseph Casey on May 24, 2021

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