1. Free Legal Help, Legal Forms and Lawyers. TheLaw.com has been providing free legal assistance online since 1995. Our most popular destinations for legal help are below. It only takes a minute to join our legal community!

    Dismiss Notice

Issue with a wire transfer

Discussion in 'Banking, Finance, Investments' started by Oli_Kaho, May 29, 2019.

  1. Oli_Kaho

    Oli_Kaho Law Topic Starter New Member

    Messages:
    2
    Likes Received:
    0
    Trophy Points:
    1
    Jurisdiction:
    Michigan
    I wire money from Chase Bank to Central African Republic. Chase Bank debit my account and never deposit the money to the recipient Bank. This issue is pending since May 11 2019.
    Chase is not answering my emails, refuse to send any communication per email. Gave 3 different reasons why the deposit was not done:
    1. The money was more or less "stuck" at intermediary Bank, which was not able to perform the deposit at the beneficiary Bank. Money will be send back to Chase Bank asap, and Chase will deposit on my account.
    2. Money is pending to be deposit at the beneficiary bank, but Chase is still waiting for an answer to their swift message, they send to the beneficiary Bank.
    3. Last version, Money is back from Intermediary Bank to Chase Bank, but Chase will not deposit the money on my account, until they get confirmation form Beneficiary of a VOID Transaction. I need to get in touch with Beneficiary Bank to have them send confirmation to Chase Bank. Either way my money will be stuck forever at Chase Bank
    Please let me know what kind of lawyer I need to contact.
    Thank you
     
  2. Zigner

    Zigner Well-Known Member

    Messages:
    5,018
    Likes Received:
    2,868
    Trophy Points:
    113

    Just have the other bank confirm that the transaction has been voided.
     
  3. zddoodah

    zddoodah Well-Known Member

    Messages:
    5,717
    Likes Received:
    1,748
    Trophy Points:
    113

    It's not clear to me that you have a need for an attorney.

    Given the current state of affairs in the CAR, it's not surprising that there would be problems with a wire transfer -- especially if the amount transferred was significant.

    Rather than trying to communicate with your bank by email, I suggest you visit the branch and speak to an actual human being.

    If you do find yourself in need of an attorney, you'll want someone who understands banking laws.
     
    hrforme likes this.
  4. Oli_Kaho

    Oli_Kaho Law Topic Starter New Member

    Messages:
    2
    Likes Received:
    0
    Trophy Points:
    1
    I visited the Branch several times and speak with human beings several times. And receiving several versions of this issue. calling several times and not receiving calls back. the reason why I think that I need an attorney is that I don't even know whether my money is lost or not. I have been patient for 3 weeks.
     
  5. mightymoose

    mightymoose Moderator

    Messages:
    11,478
    Likes Received:
    2,026
    Trophy Points:
    113

    Email is not the best way to address this. Visit a branch or get on the phone.
     
  6. zddoodah

    zddoodah Well-Known Member

    Messages:
    5,717
    Likes Received:
    1,748
    Trophy Points:
    113

    How much money did you (try to) send, and why?
     
  7. army judge

    army judge Super Moderator

    Messages:
    35,137
    Likes Received:
    6,117
    Trophy Points:
    113


    Are you personally acquainted with the person who was supposed to have received the funds?

    What was the amount (in US dollars) you believe should have been transmitted?

    Have you contacted the recipient of the funds to determine if HE/SHE/It is alive or is NOT incarcerated in a penal colony?

    Perhaps you might attempt to text, telephone, email, or fax the recipient to see what HE/SHE/IT can learn, or what is already known.
     
    Zigner likes this.

Share This Page