Can funds sent to the wrong account via NEFT/RTGS be reversed?
Payments
Asked by Question Bot07/Feb/20151 answer
1 Answer
F
Faisal Khan
Answered 07/Feb/2015
If reported to the bank, the bank can request a reversal of funds only if the transaction was fraudulent or accidental on account of the bank.
Reversals otherwise are not possible.
Reversals otherwise are not possible.