Wrong Bank Transfer? Do This!

Wrong Bank Transfer? Do This! || bekifaayati #shorts

These are the steps to be followed in case of wrong transaction

Immediately contact your bank and your local bank manager and inform them of every detail of the wrong transaction initiated by you time, account and the intended account of the beneficiary.

-The bank will guide you as a facilitator and provide the details of the branch of the bank where the money went. You can ask for a transaction reversal from that bank. If the amount went to the incorrect recipient from the same bank, the bank can also approach the individual and seek permission to attempt a transaction reversal.

- It is recommended to keep a personal record of all the communication with the bank(s) regarding the transaction. Be prepared to take a legal route, in case the wrong recipient refuses to return the money mistakenly transferred by you.

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