Last week, suspicious men bought items from my shop via bank transfer. Now they came, as I suspected they would, wanting the money refunded back to their same account . Is it safe to return such money
Can you get money back with bank transfer?
If you paid by bank transfer or Direct Debit
Most banks should reimburse you if you’ve transferred money to someone because of a scam. This type of scam is known as an ‘authorised push payment’. If you’ve paid by Direct Debit, you should be able to get a full refund under the Direct Debit Guarantee.
How do I get my money back after being scammed?
Ask them to reverse the transaction and give you your money back. Did a scammer make an unauthorized transfer from your bank account? Contact your bank and tell them it was an unauthorized debit or withdrawal. Ask them to reverse the transaction and give you your money back.
Can a bank transfer be reversed UK?
It isn’t possible to reverse a wire transfer if the recipient bank has already accepted it. But there are extenuating circumstances, which qualify you for a wire transfer reversal. These special circumstances are as follows: Your bank made a mistake with the recipient’s account number.
How do I get my money back after being cheated online?
Contact your bank or credit card company as soon as possible after you discover that you’ve been victimized by a scammer. You may be able to recover some or all of your money. However, you generally must notify your bank or credit card company within 30 days of the transaction.
How do banks investigate unauthorized transactions?
How Do Banks Investigate Fraud? Bank investigators will usually start with the transaction data and look for likely indicators of fraud. Time stamps, location data, IP addresses, and other elements can be used to prove whether or not the cardholder was involved in the transaction.
What if a scammer has my bank details?
If you provided a scammer with your bank information or they were able to steal funds from your account, you need to contact your financial institution(s) immediately.
What details does a scammer need?
All it takes is your name, date of birth and address for fraudsters to steal your identity and access your bank accounts, take out loans or take out mobile phones in your name.