Exactly what title says, why is there no way to recoup zelle definitely or wire transfer(maybe?) but if banks send money to wrong person there are severe penalties for not returning.
In: 650
There is no difference. If you Zelle someone money and they should know it’s a mistake, they cannot spend it, and you can sue them to get it back.
The “difference” here is that it’s not *Zelle’s* problem that you sent money to the wrong person. You have to go and contact that person yourself, just as the bank does. There’s also the fact that you’re probably not sending people enough money that it would make sense to spend the time, money, and effort to try to get it back.
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