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Your bank has the ability to reject the funds (and some banks will allow you to broadly control deposits with a credit block). Before posting funds to your acc
by jo6gwb 4y ago
Your bank has the ability to reject the funds (and some banks will allow you to broadly control deposits with a credit block).
Before posting funds to your account, a bank will scan the funds transfer against sanctions lists and only allow the deposit if there is no hit.
- nerdawson 4y agoYou don’t think someone on a sanctions list attempting to transfer funds to an account holder is going to cause them a problem, regardless of whether it’s blocked?