If arrival wasn’t guaranteed the real estate industry wouldn’t like it. There’s no potential loss. I really think they were just telling you it couldn’t be reversed if you decided you want to do it. I did a wire transfer last year, they said something about it being irreversible. The way wire transfer works it is 100% guaranteed that the money will go from account A to account B. And that level of guarantee means that if you change your mind, or it turns out who you’re transferring the money to is a scammer, you can’t get it back.
That’s my reading. It’s all pretty clear. Your complaint is you misunderstanding.
Wrong. I was told transaction could not be guaranteed and was presented with a document stating the wire transfer may not occur and the potential exists for those funds to be lost. I was shocked and further questioned the process but was given the same conclusion that no wire transfer had been lost but it could happen and there would be no recourse to retrieve the money if lost during the wire transfer. I received the information as the transfer was taking place and then was forced to wait two hours to verify transfer of funds had made designated destination. I will never be a party to that type of transfer ever again. I realize this type of transfer is common occurrence also. Hundreds of thousands occur ever day but even though their claim is no transfers have been lost I operate on i’s dotted and t’s crossed. It is my manner of doing business. I’m too old to change LOL