I sent money to someone and she couldn’t get the money because her information didn’t match what I provided. What can I do?

When you send money to someone else, the company you use may require the recipient’s information, such as name and address, or account number, to match certain information that you provide in order to get the money you’ve sent. If you believe you gave wrong information, contact the provider and ask if you can correct it.

Tip: Verify account numbers before you send a transfer.. You could lose your money if you mistakenly provide wrong account or routing numbers. If the money does not go to the account you intended, you may not be able to get it back.

,When you send money to someone else, the company you use may require the recipient’s information, such as name and address, or account number, to match certain information that you provide in order to get the money you’ve sent. If you believe you gave wrong information, contact the provider and ask if you can correct it. Tip: Verify account numbers before you send a transfer.. You could lose your money if you mistakenly provide wrong accou

This article by the CFPB was distributed by the Personal Finance Syndication Network.

For more information, click here.

Check Also

Three Operators of Financial Services Firm Charged and Arrested in Alleged $155 Million Investment Fraud Scheme

A three-count criminal indictment was unsealed yesterday in federal court in the Eastern District of …

Leave a Reply