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I Have a Telex Transfer That Was Sent to the Wrong Bank Account. – William

“Dear Steve,

I have an outstanding telex transfer, that the Federal Government was overseeing. The fund was transferred into the wrong account, when I had already given them the Correct information. Now they want me to pay thousands of dollars to get the transfer where it was suupose to be in the first place, into my account. Is this legal for them to try to do this?


Dear William,

Can you give me some more details please? I’d like to know what government you are taking about and what country the money was coming from and going to.

You used the term “telex transfer” but that’s not the modern terms for an international wire transfer. Those transfers typically occur on the SWIFT network. A telex is actually nothing more than a telegraphic message.

How was the government overseeing this transfer and what bank was the money deposited in, in the United States. From what you’ve shared so far it’s smelling a bit like a scam.

Please post your responses and follow-up messages to me on this in the comments section below.


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About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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