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Missing wire Bank transfer from USA to UK

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Comments

  • Dicentra
    Dicentra Posts: 11 Forumite
    10 Posts Second Anniversary
    Trabuco said:
    Thank you all for suggestions but I’ve tried everything suggested. I did have a reply to the last Trace and Recall from my US bank to say at last they had received the funds back. I was elated but since then (this was back in December) I’ve had no communication from them. They did offer to send me a Dollar cheque but UK banks no longer accept Dollar cheques. The next step was to initiate another wire transfer but this time using Barclays as they are more international and deal with wire transfers regularly. I double checked all information with Barclays before sending all new details to US Bank. This was 20th of January 2025.
    ive had no replies or communication. I really need help it’s over 8 months now since i began this wire transfer. It’s such a lot of money and it would make my life so much easier.
    I don’t know how to contact Martin Lewis directly. I thought that he may have an answer.
    UK banks do accept usd cheques e.g. First Direct / HSBC.
  • hi Trabuco, I am wondering if there was any resolution to your awful story ? I am in a similar position now with wired funds being held by HSBC as the intermediary bank in the t ransfer.. 
    This is a substantial amount which was due to me from a legal firm after I won a case in NY for compensation, for something that has caused me a terminal illness. As you may imagine, I hardly need this. 
    The US bank is pursuing but seems to be getting no where fast. altho' they did eventually get the most extraordinary reason for the 'hold' 'to ensure the funds were not related to communist activities'. Whose, exactly ?  I'm a 81 y.o, terminally ill, grandmother...
    By the way, my funds, like yours, will be accruing interest the longer they hold it - is it added on if they eventually do transfer ?
    Any and all help welcomed.
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