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53 sats \ 0 replies \ @C_Otto OP 15 Feb
German: https://www.tagesschau.de/wirtschaft/verbraucher/iban-finanzamt-rueckzahlung-100.html
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30 sats \ 0 replies \ @IamSINGLE 16 Feb
This is more like the 'fraud by the entire system'. In any case the money shouldn't reach to a different person.
I don't understand how do banks in Germany provided the same account number to another person.
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9 sats \ 0 replies \ @Shugard 15 Feb
Fantastic! All hail Germany!
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100 sats \ 1 reply \ @fiksn 15 Feb
So wtf does one need to provide recipient name beside IBAN?! I always thought apart for silly surveillance it's also in case of legal disputes (my intention was person X receives the money). Since obviously if IBAN can just be recycled it's not reliable for any practical use.
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0 sats \ 0 replies \ @anon 45m
I just did a test: I transferred 2 Euros form my account at German bank A to my other account at German bank B. I did NOT use the correct recipients name: I just put an "A" in the name field, and of course, the IBAN.
The transaction was executed without any error message. This is SICK. Banks SUCK.
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0 sats \ 0 replies \ @Interceptor 15 Feb
Bitcoin transfer cant be reversed too :)
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0 sats \ 0 replies \ @ExponentialBTC 15 Feb
A reversal can be as simple as an agreement that in certain situations that two banks will adjust their ledgers accordingly, regardless of what the settlement network will permit.
Bank transfers are reversible, just not by powerless individuals.
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0 sats \ 1 reply \ @Butterfinger 15 Feb
Yet, it's still a bank. Why trust third parties?
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0 sats \ 0 replies \ @oliverweiss 15 Feb
A couple made mistake, they shouldn’t have trusted themselves in the first place. (Of course, I agree with you on not trusting banks)
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