Funds Issued to wrong SWIFT code

Discussion in 'Business & Tax Advice' started by Ganesh Here1979, Apr 30, 2016.

  1. Ganesh Here1979

    Ganesh Here1979 Newbie

    Apr 30, 2016
    Likes Received:

    I had sold shares with company from France where i was supposed to get funds in Euros. I had given wrong SWIFT by mistake and accordingly funds issued . Now when I am giving them correct SWIFT as per them , earlier bank should reject it first . My concern is ,if that bank does not reject the funds , how will I get the money . I am depending on the bank which received the funds . ALso why they do not match the actual bank account number before accepting the funds . I am having account with bank in India.