How do wire transfers work? What makes them so irreversible?
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It’s an electronic transfer of funds that is more official than say Venmo because the transaction ends up going from your bank to the recipients bank. In most cases Financial transactions are reversed by a company you bought something from like say returning a shirt the company gives you your money back not the banks so remove any third party companies it leaves you with no reversibility options but it’s very secure because of this.
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