Hacker News new | ask | show | jobs
by fakedang 412 days ago
Exactly, which is why banks are loathe to approve such transfers in the first place. I'm wholly surprised that the banking ombudsman is able to force such transaction reversals.
1 comments

> wholly surprised that the banking ombudsman is able to force such transaction reversal

They can't force transaction reversals or clawbanks. They actually force the bank to take the hit.