Can Bank Transfers Be Reversed

username

Cash only if it was a private sale, as can be evidenced from the above posts bank transfers can be reversed and even your account closed if the buyer cries fraud to their bank. 

It's also the reason why so many people get done on FB marketplace. gumtree etc - so keen to pay bank transfer.

Shakin_Steve

Ben1989 said:

I’m (hopefully) selling a car tomorrow for low five figures and I’m nervous a bank transfer will happen and then be reversed leaving him with my car for nothing.

Is this even possible? I just need to know before I go ahead? As soon as I see the money in my bank account is that it then?

Many thanks 

So....how did it go?