Hi All,
I have recently sold some digital goods online and had received payment from the recipient. The method of payment was via SEPA bank transfer, the recipient in question sent payment from a German bank to my Number 26 personal account (I am based in Ireland).
One week later, I find this payment had been reversed, the payment had been taken out of my account and was en-route back to the recipient (who had already received the goods). He apparently requested his bank to make this reversal to take place and my bank complied without question.
Is this lawful for the bank to do? I was not asked and I was not offered any prior consultation that this reversal was going to take effect? Nor was I contacted or asked about the situation. I know these sort of reversals are common with Paypal, but I though a SEPA bank transfer would be far more secure.
I would really appreciate if anyone had information about this or some knowledge in the area. I will be contacting legal advisors early next week to make a case against the recipient. But it just feels wrong that the bank can be complicate and so willing in facilitating a scammer's chargeback!
I have recently sold some digital goods online and had received payment from the recipient. The method of payment was via SEPA bank transfer, the recipient in question sent payment from a German bank to my Number 26 personal account (I am based in Ireland).
One week later, I find this payment had been reversed, the payment had been taken out of my account and was en-route back to the recipient (who had already received the goods). He apparently requested his bank to make this reversal to take place and my bank complied without question.
Is this lawful for the bank to do? I was not asked and I was not offered any prior consultation that this reversal was going to take effect? Nor was I contacted or asked about the situation. I know these sort of reversals are common with Paypal, but I though a SEPA bank transfer would be far more secure.
I would really appreciate if anyone had information about this or some knowledge in the area. I will be contacting legal advisors early next week to make a case against the recipient. But it just feels wrong that the bank can be complicate and so willing in facilitating a scammer's chargeback!
Last edited: