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If Money Is Transferred To Wrong Account, Know How To Get It Back

By, Muhd. Faizan

Date - 12/08/2023

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Contact your bank as soon as possible.

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Provide your bank with the details of the transaction, including the wrong account number and the correct account number.

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Your bank will try to contact the beneficiary of the wrong transfer and request that they return the money.

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If the beneficiary agrees, the money will be reversed back to your account.

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If the beneficiary does not agree to return the money, your bank may file a lawsuit on your behalf.

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You can also file a complaint with the bank ombudsman.

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Keep all documentation related to the wrong transfer.

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Be patient and do not give up. It may take some time to get your money back.

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