Money Transfer Tips: How to get back the money transferred to another account, Click here to know...
Digital payment sitting at home is easy and convenient, but there is also a need to take some precautions. For example, checking the receiver's bank account number correctly while transferring money. While entering the bank account number in a hurry, you can get your money transferred to the wrong account if a single digit is misplaced. This may bother you.
Give all the information to the bank
If by mistake you have transferred money to another bank account, then first of all you have to tell your bank about it. You can do this through phone, email or if you want, you can go to the branch of your bank and give all the details to the branch manager.
Keep in mind that only the bank in whose account the money has been transferred can resolve this issue. Inform your bank about the mistake made in detail about the transaction. This includes the date and time of the transaction, your account number and the account number to which the money was transferred by mistake, etc. You have to prove that the money was transferred to the wrong account by mistake. For this you can also present the screenshot.
If there is a bank account then the issue will be resolved soon
If the account in which the money has been transferred does not have an account number of any bank, then the money will be returned automatically. But if that account number is present then you will have to file a complaint and wait for the process to be completed. If the accounts of the sender and receiver are in the same bank then this process is completed quickly but if the account of the receiver is in another bank then it takes time.
If you have an account in another bank, it will be difficult
If the receiver's account is in another bank, then you have to go to the branch of that bank and file a complaint. Bank cannot transfer money to anyone without the permission of its customer. Also, banks do not give information about your customers. So you have to inform that bank about the whole situation.
The bank will contact the account holder
After that that bank will inform the owner of that account and ask to transfer the money back to your account. So you have to inform that bank about the whole situation. After that that bank will inform the owner of that account and ask to transfer the money back to your account. If you are lucky and the person in whose account the money has been transferred is a sensible and good person then you can get your money back. But if he refuses to return the money then you can file a case against themm.
Keep in mind that there will be no mistake
A slight mistake in the account number can cost you dearly. So whenever you are entering the details while transferring money, check it again. It would be better to transfer a smaller amount and check that it is going to the correct recipient's account before transferring a larger amount.