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Personal Finance (Not Investing) • Fee charged by receiving bank rejecting a wire transfer

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Full disclosure, I transposed the last 2 digits of recipient account number. The receiving bank (TD Bank) correctly rejected the wire, but returned it less $40. My bank (Ally) charged $20 for the transfer as expected. I called Ally and they refunded the $20, but said I'd have to call TD Bank to see about a refund of their $40 rejection fee. Since I'm not a TD Bank customer, I don't expect any success with that.

Since I have two sons with TD Bank accounts, one of which was the intended recipient, I will try to use that as leverage. Both are willing to close their accounts if I ask. Any other strategy or ideas for proceeding?

Statistics: Posted by rjsob58 — Wed Dec 25, 2024 6:37 am — Replies 16 — Views 893



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