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|  Message 372  |
|  August Abolins to All  |
|  eTransfer loophole  |
|  06 Mar 23 08:35:00  |
 MSGID: 1:153/757.21@fidonet 062a043d PID: OpenXP/5.0.57 (Win32) CHRS: ASCII 1 TZUTC: -0500 There was a story on CBC radio this morning about a person who received an eTransfer payment (auto-deposit) for an in-person exchange of an item for sale. But the payor was able to cancel the payment within 30 minutes, long after he had disappeared with the goods. Technically, cancellations of auto-deposit eTransfers are not supposed to happen. All the "banks" do not allow that cancellation after a confirmed auto-deposit. BUT.. apparently, the credit unions didn't get the memo. Eventually, the person got her money from her bank as a "goodwill gesture", since clearly the cancellation was not supposed to happen. So.. I wonder how long that buyer/scammer got away with the credit union "feature". Meanwhile, if you're receiving eTransfers from people sourcing their funds from a credit union (not a bank) ..caveat emptor. Or wait at least 30 minutes before handing over precious merchandise in a transaction. -- ../|ug --- OpenXP 5.0.57 * Origin: Stare into this point intently ->.<- (1:153/757.21) SEEN-BY: 15/0 105/81 106/201 124/5016 129/305 134/100 153/0 141 143 SEEN-BY: 153/149 757 6809 7715 203/0 218/700 840 220/70 221/0 6 226/17 SEEN-BY: 226/30 227/114 229/111 112 113 275 307 317 426 428 470 664 SEEN-BY: 229/700 240/1120 250/8 267/800 280/464 5003 282/1038 292/854 SEEN-BY: 292/8125 301/1 310/31 317/3 320/219 322/757 341/66 234 396/45 SEEN-BY: 423/120 633/280 712/848 770/1 100 340 772/210 220 230 2320/105 SEEN-BY: 3634/24 PATH: 153/757 280/464 770/1 317/3 229/426 |
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