Context

When you send a wire transfer with incorrect account information (such as a wrong account number, incorrect beneficiary name, or typos in banking details), you may be concerned about whether the funds will reach the intended recipient or if you can recover them.

Answer

The outcome of a wire sent with incorrect details depends on the type of error:

If the account number doesn't exist

The wire will should be automatically rejected by the receiving bank and returned to your account within 2-3 business days. The receiving bank may deduct a wire transfer fee before returning the funds.

If there's a name mismatch

When the beneficiary name doesn't match the account number, the receiving bank should reject the wire and return it automatically. If the recipient does not see the funds after 1 full business day, please reach out to support.

Important: Wire transfers are considered final upon initiation and cannot be cancelled or modified once sent. Always double-check all banking details before submitting a wire transfer.