Bank sends wrong person $ and it immediately has to be returned or charged will be filed. If I Zelle the wrong person, I am straight SOL. Why the difference?

2.29K views

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

84 Answers

Anonymous 0 Comments

It’s why I don’t use Zelle. Someone Venmo’ed me money she owed me, but she just grabbed the first name that matched my name. Fortunately Venmo has a phone number matching entry and the money wasn’t sent. Zelle seems way too easy to make a mistake on…

You are viewing 1 out of 84 answers, click here to view all answers.