Bank transfer scam

[Steve_g]

Hi All,

Had a customer who seemed legit, asked the right questions and seemed legit to me, issued an invoice for around 4k, now been told that the account department has "accidentally" paid around 70K and has asked us to check and confirm ect.

Now, i know this is a popular scam (Money is transferred from an unauthorised account to us, we then transfer the money to a 3rd account thinking im refunding the original and the bank ends up reversing the initial transfer..scammer keeps the money)

The money hasn't hit out account just yet but i suspect it will over the next couple of days.

Once arrived, what should i do? as far as im aware i cant reverse a transfer, do i just request the bank reject this? have heard about many people fallen victim to this kind of scam but not come across what to do if it actually happens - its a large around to be transferred into our account but not uncommon so i doubt the transaction will be flagged.

Cheers


Steve

 

[StevensOnln1]

I'd speak to your bank ASAP. They should be able to see the sending account details for any payment has been received from and might be able to reject it or at least alert the appropriate fraud team to investigate.

 

[MikeJ]

Wait for the cash to be in your account, and then make sure you get something in writing from your bank to say the payment can't be reversed.

 

[Steve_g]

Thanks both, contacting the bank isn't easy, Barclays are shockingly terrible, the last 2 times i have contacted them i end up on the phone for 40 mins + and have to go through security and verification 2-3 times!

Is it possible for me to return a bank transfer?

Cheers

Steve

 

[Newchodge]

try contacting the bank security section, rather than basic customer services. they should be very interested!

 

[Bob]

Under no circumstances return the funds yourself if you receive them. Leave it to your bank to sort it out who should arrange for the remitting bank to reclaim the funds. There would be money laundering implications in view of the sum involved.