They will readily block the transaction and revert the amount.
This will ensure that you get the money back in your account.
So no matter how hard you try to convince them, it just amounts to a lot of frustration.
One should understand the basics here, the bank is right at its place when it is refusing to pay.
For example in one of the cases that I studied and was able to successfully recover the money for the victim, the fraudulent transaction reported by his bank was as follows: SC3245244 22/08/2013 VIN/GYMBOREE. indicates the transaction ID followed by transaction date, then the Merchant ID clubbed with some unique string for transaction.
This is followed by type of transaction DR indicating as debit and the amount.
Usually they will redirect the victim to go to police for further help.
Most of the victims miss out on these important steps and hence are unable to recover any of the money they have lost.First of all let me tell you that the bitter truth is that most of the victims do not get their money back.But there is prevention and there are ways for a cure.The chances of you getting your money back then become stronger.In some cases like money transfer to individual through Pay Pal or some other benefits it is bit difficult to get back the money.