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Whether your bank refunds money lost in a scam depends on several factors: the type of scam, how you sent the funds, the bank’s policies and if you authorized the transaction. Learn more in our ...
"We strongly disagree with the CFPB’s effort to impose huge new costs on the 2,200 banks and credit unions that offer the free Zelle service to clients," said Bank of America spokesperson, Naomi ...
The Zelle service is intended for payments to those whom the payer already knows and trusts and the service disclaims any responsibility for goods and services sold through the system. [24] [25] Zelle uses ACH to settle the payments overnight, similar to direct deposit. [26] Zelle users can send money to other registered Zelle users.
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Double-check with the person you sent money to and make sure you have entered the correct email address and U.S. mobile phone number. More From GOBankingRates 10 Aldi Brand Products Worth Buying