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"Direct deposit" is ACH and it is reversible up to 180 days. The parent comment is referring to ACH. "Wire transfer" could be either Fedwire or SWIFT and it is
by ianhawes 6y ago
"Direct deposit" is ACH and it is reversible up to 180 days. The parent comment is referring to ACH.
"Wire transfer" could be either Fedwire or SWIFT and it is not reversible.
- simonebrunozzi 6y agoCorrect. Came to write exactly this. Also, since this is HN: no, Bitcoin or other crypto "transfers" are not reversible.
- SilasX 6y agoParent also said that law enforcement will investigate all wire fraud. My experience shows that is false, and that is independent of the ACH point. See my downvoted follow-up reiterating this obvious point: https://news.ycombinator.com/item?id=24009403 https://news.ycombinator.com/item?id=24009403