Pending payment - insufficient funds - scammer

[Melmac25]

I have realized a payment I sent using friend and family (so no protection) is a scam. The funds are still pending to the Seller. If I move the funds out of my bank account so the payment essentially bounces, other than fees for the returned payment aspect, what else happens? Is this a way to avoid losing the money to a scammer?

[kernowlass]

@Melmac25 

Sounds like a pending echeque so speak to your bank and see if they can stop it.

If they can't then it may fail due to insufficient funds.

Unlike normal payments where paypal pays the seller upfront and then waits for your funds to process from your funding source echeques don't do that.

As friends/family from a bank account is a 'free' option then both you and the recipient have to wait for the echeque to clear. 

So by all means try and stop it with your bank.