Post
Topic
Board Beginners & Help
Re: Just got an international wire reversed!
by
wachtwoord
on 13/12/2013, 16:30:21 UTC
I was using localbitcoins to sell some coins. I got the money in my bank account and released the coins to the buyer.
Several days later my bank got request for wire reversal....
So, in which cases is that possible and what one can try to do to prevent it in future.
Does it work from all countries and all wire systems? (SWIFT, SEPA...) ?

The only way to fight this is not keeping ballance in your Bank, I mean cash out immediatelly
Interesting, but... cashing out wouldn't give you a negative balance in you bank account?

Indeed, that doesn't work.