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Wells Fargo Wire Transfer Being Recalled & Account Closing In 10 Days

Discussion in 'Making Money' started by derryl18, Sep 26, 2014.

  1. derryl18

    derryl18 Newbie

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    Hey Guys,

    Been stressed all week. Well here how it went. I sold a camera to a buyer but he decided that he wanted to use a Wire Transfer instead of PayPal to avoid fees. I said sounds fine with me. He also banks with Wells Fargo. So the next day he went into a branch and sent a wire transfer of $4500. I received that wire transfer and shipped out the same day using overnight. He received the camera but the next day I called my bank and they said the wire transfer is being recalled and that my account will close in 10 days.

    I will have to wait 30 days to get a check mailed to me. But the $4500 he sent me will be sent back to the sender. I thought this was impossible to take money from someone account if sending a wire transfer unless there was a court order. Not only did I loose the money but I lose the camera and my bank account to pay off everything which is due by the end of the month.

    What should I do? Should I go to the branch and see if they can release the $4500 to me? Is it possible for them to release the funds to me?
    I already filled a police report but need the funds back soon. What should I do? Please help me out.

    Thanks Everyone!
     
  2. Mr.Whitehat

    Mr.Whitehat Senior Member

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    I've heard about wire being recalled before it reaches the receiver acc, but after reaching the acc its quite impossible imo. Ofc unless the buyer is legit. Do try contacting the bank branch with proofs you have but sadly seems you got scammed (
     
  3. PlatinumPi4u

    PlatinumPi4u Junior Member

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    Furthermore, particularly with wells, they have told me funds were good after sitting for 5 business days. That Saturday I pull them out. On Tuesday they tell me they are shutting the account for fraud. I said well you guys said the funds were good, and we even waited the time for it to clear. They didn't care I had to pay it back or they were going to file the police report! (dont ever get tricked into cashing a check for a fake friend, even if they swear its good, thats what check cashers are for.)

    Also, seems like you got scammed for the camera. Can you see a house address on google maps? :-/
     
  4. infoasian

    infoasian Supreme Member

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    Is it possible it was just a account to account transfer and not a real wire?
     
  5. derryl18

    derryl18 Newbie

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    I cab still log in on my Wells Fargo account and see the funds just sitting there. The transaction say WTxxxxHis Namsxxxx and some other weird characters. So I believe WT stands for eotetransfwr. He banks with the same bank but I believe it was a Bank Transfer from the branch.

    I dont know if I should go to a WF branch today and try to get the money out or if they would even let me. I rather get out and pay the negative back in a later time.
     
  6. BassTrackerBoats

    BassTrackerBoats Moderator Staff Member Moderator Jr. VIP

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    Wells is a bear to work with sometimes; going to your local branch is a shot in the dark unless you have a relationship with someone in charge there and even then it will be hard to win this one.

    Hate to tell you that but I've been doing bank transfers for years and Wells, in particular, blows chunks.

    Go the branch manager, show them all the documentation you have, plead your case and give it a shot.
     
  7. derryl18

    derryl18 Newbie

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    UPDATE:

    Before I was going to leave to go to the branch noticed the ongoing wire of $3342.
    Don't know why Wells Fargo just did not send him the whole $4500. That's weird but the scammer decided to call me back saying the bank told him that they can only recover partial of the money he recalled. He told me if I can send him the rest and he will send me back the camera I sent him.

    I am not falling for that. I hope I can be able to pick up the rest and hope that WellsFargo don't send him the rest.
     
    Last edited: Sep 26, 2014
  8. popcrdom29

    popcrdom29 Jr. VIP Jr. VIP Premium Member

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    Dude stop dicking around and go into your Wells Fargo Bank and speak with your account rep. The longer you wait the more suspicious it may seem. I've been with WFB for many years and every time I had a problem (not that I've had many) I went to my local branch and the problem was solved.

    Personally I think they have pretty good customer service. They don't want to lose customers, especially good ones so hop on over to your local branch and talk to your account rep already.
     
  9. Young Gun

    Young Gun Newbie

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    This is exactly why I don't use Wells Fargo. But as others have said just go to your local branch and provide proof.