Bank Wire Transfer

Is sending money via bank wire transfer safe?

 

Yes it is safe but it will cost you more than sending it by check or credit card.

 

I heard someone got chargeback with bankwire, dont know how and why.
on talkgold forum, if you do a search you will find one.

there may be some bank have this policy, in general i think it works fine

 

It's the safest method to transfer money + your transactions are insured as well. However, you have to prepared to pay for high wire fees usually 20-40USD depending how many intermediate banks are involved.

 

its 90% safe

 

It depends on what you mean by safe ? If you mean that the bank would not steal your money and that the receipient gets it then I would say Yes, probably you provided the correct information for the transfer.

However if you are asking if you got any recourse to ask for a refund if the other party do not send you the product then no, once a fund transfer is completed, you cannot reverse it.

 

its not possible to bring back the money once it is send... and wire transfer is 100% safe and secure....

 

Wire tranfer is the safest and most secure for international transfers. Costs me $40 at Chase as they just raised the rates. A lot cheaper then Wsestern Union which costs $14 to send a $100. Wire transfers are great for sending large sums.

 

Wamu is like $10 now.

 

It should be safe

 

Its safe to recieve wire transfer but high fees and if its big amount be careful, you can not hide that from tax.
You must know the sender do have ability to cancel the wire until its forwarded to intermediatery bank, once forwarded, it can not be reversed.

cheers!