Post
Topic
Board Currency exchange
Re: Need Bitcoin? PM me anytime! Stamp +10%
by
haploid23
on 28/07/2014, 21:18:32 UTC
Trying to figure out exactly what happened myself, but it was a Chase Quick Pay so I think that's different from a transfer.

I got screwed big time selling on LBC using Chase quickpay, and this was back in December of last year. NEVER use Chase QP for btc transactions. It is not considered a wire transfer, but rather a form of electronic check. Even after I've accepted the payment, chase easily reverse the transaction because the buyer called Chase and told them it was a fraud transaction. Shortly after, they closed my account, so not only did I lose my money, I lost the btc and got my Chase account closed.

You'll probably have to end up dealing with the fraud department, be very careful with your wording when you talk to them because this determines of they'll ban you or not.


And some additional info: Chase quickpay is not considered "cash deposit". And if you're going to do cash deposit, Chase has a new policy where you cannot deposit cash into an account that's not yours, unless it's a business account.