Not an article about Bitcoin: "I accidentally sent £1,000 to the wrong account"

[KrisAlex18]

If you send your money in a wrong account, it cannot be undone, that is really true because the transactions of money online is very systematic. So if you accidentally send your money in the wrong account, then that is really sad for you, you cannot get it anymore, but at least try your best to recover it, you may contact the admin or the moderator, they may give you some advice on what to do.

Lesson learned to you my friend, always double check your wallet address if you are going to transfer any currency. there is no hard about double checking, in fact it will assure yourself that you may send the money to the right account. I always do that thing whenever I send money to other accounts because I am afraid to send it to the wrong account especially if it is a big amount of money. Even those intelligent one, or in unexpected moment there is always something happen wrong and to prevent that thing we should double check everything.

[iamaruf]

I faced this Problem also.In 2017 sent my money to wrong address by using mobile Banking,amount was 130$ approximately.Tried to contact bank and they told It's not their fault and they can't do anything.They gave me the user mobile number to contact with him.But that person reject me to refund and after that he switched of his phone.So It's happen to bank users also.           

[bitbunnny]

That is very tricky situation. Once you send your coins to some wallet address there is no way back.
If that happens with fiat money and bank account you have the chance to trace the owner of account and depending on his good will maybe get opportunity to refund.
But in crypto world that is not possible so be very careful and double check address even if you are not entering it manualy.

[Gozie51]

I had that once and the bank cancelled the payment. I made a mistake in the IBAN but put the right name and address, which did not match the credentials on the IBAN.

It's unfortunate that the bank cannot sent the money back and charge the account that spent it. Many banks do it because just 1 wrong number makes the money go to a completely different person. Banks were supposed to be better than crypto due to reversability of transactions.

This is certainly the advantage of transaction with fiat. Because it has contact with third party, there is possibility of going over details before allowing transaction to be delivered. Sometimes, it is automatically set so that if details don't match, it shows error but cryptocurrency isn't like that. This is the more reason we have to be careful.