The victim may also have a chance to cancel the transfer, because they’re not instant. (especially outside of business hours)
It’s just not an attractive way to mug someone, it’s easier to take them to an ATM.
In Europe a wire is instant with no recourse.
Most banks have processes for giving money back in some of these cases.
The victim may also have a chance to cancel the transfer, because they’re not instant. (especially outside of business hours)
It’s just not an attractive way to mug someone, it’s easier to take them to an ATM.