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From the perspective of the bank customer, in the US, bank transactions are reversible, by fiat. It does not matter to the customer whether the bank is out mone
by asdfasgasdgasdg 7y ago
From the perspective of the bank customer, in the US, bank transactions are reversible, by fiat. It does not matter to the customer whether the bank is out money or not. All that matters is that you are made whole in the case of a fraudulent transaction.