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Protection with Direct Online Bank Transfer

Hi Everyone

Hope I have posted in the right place.

Would anyone happen to know the rules surrounding protecting your money, if you have sent money by direct bank transfer, but not received the goods? Also is there a deadline for an application to be made?

Chatted with my bank briefly they said they can chase the money but it wont be easy as there is not the protection of visa.

Many thanks in advance
No Unapproved or Personal links in signatures please - FT3

Comments

  • cyberbob
    cyberbob Posts: 9,480 Forumite
    1,000 Posts Combo Breaker
    You have no protection at all
  • Hintza
    Hintza Posts: 19,420 Forumite
    10,000 Posts Combo Breaker
    As above....just like giving them cash. So don't expect any help from bank. You will have to chase them up yourself.
  • KeithP
    KeithP Posts: 41,296 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    What are the rules?

    The rules are...
    You asked to bank to transfer some money from your account to someone elses account.
    They have done what you asked.

    The reason why you transferred the money no business of the bank.

    :beer:
This discussion has been closed.
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