Update on my situation...

Well I told my bank to "recall" the electronically wired transfer on Thursday January the 8th and got a message from them the next day on the 9th that the US bank had indeed received the request for the "recall".

Today Thursday the 15th late in the afternoon after 6 business days, I get a phone call from my bank telling me that the US bank cannot contact or as not heard back from the person receiving the money so technically it is bad news for me... My money/deposit is gone!

One of the lessons I have learned is that the Canadian and American banking system sucks big time! How can an electronic message to another bank to "withhold" money or stop the delivery of a wired transfer take so long to be acted upon?

Really 6 business days? Never again am I transferring money electronically especially to someone on the Internet.


G65, HD621, 2 x 5k2SL, 1 x 5k2SLVC, 3 x 5k2, 602 transport, Oppo BDP-93, Sony PS3, Xbox360, Toshiba HD-XA2 HD DVD, Velodyne SMS-1 + 2 x SPLR 1200 subs, 4 x Clark Synthesis Platinum Tactile Sound Transducers powered by one Audiolab 8000P, and two Marantz MA500 mono amps, Runco RS-900 DLP projector, Stewart Studiotek 130 screen.