Post
Topic
Board Trading Discussion
Re: Are BoA transfers reversible?
by
haploid23
on 11/08/2014, 02:42:46 UTC
Unless the other person deposits cash into your account then it is possible to reverse the transaction. This is true for all banking transactions. Period.

If you spend some time reading comments above, you should know CASH deposit is reversible for BoA.
No they are not. The person who posted that is likely spreading FUD. The only real possibility to do this is to convince the teller to give the account "intimidate" availability for a check deposit so it would look like a cash deposit on online banking, but it would really not be a cash deposit.

You're an idiot. I just mentioned that I was a victim of this scam. Nearly all high volume sellers on LBC has experience a cash reversal one time or another, and it's pretty wide-spread for a certain time period until we caught on. To resist it, btc is not released until after bank hours (or sometimes even several days) if dealing with a newb account that does cash deposits. Also a picture of receipt with "NO REFUND" written on it. This is now pretty standard. Do you think these measures are done for fun?

If you still don't believe me, then go sell on LBC, make sure you give instant release to all newbs that do cash deposits.