3 ms·
My guess is any kind of "suspicious" wire can be held for manual review.
by lmz 2y ago
My guess is any kind of "suspicious" wire can be held for manual review.
- toomuchtodo 2y agoThis is true, but so can any Zelle or other real time payment if flagged by fraud or anti money laundering heuristics.
- pishpash 2y agoLots of reasons, joint accounts, name mismatch, weird names, fat finger by bank employee, missing odd info deemed necessary by the receiving bank, fraud/money laundering holds. One of my very normal wire transfers of not even a huge amount arrived next day for no reason, defeating its purpose, and neither Fidelity nor the receiving bank had any explanation, or really knew anything about it, without a formal trace. Fidelity after all is not a bank. They'd have to check with their own bank.