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. =============================================================================== Follow our channels (bekifaayati) on Instagram: https://www.instagram.com/bekifaayati/ Facebook: https://www.facebook.com/kifaayati Linkedin: https://www.linkedin.com/company/kifaayat/ Twitter: https://twitter.com/bekifaayati #banking #rbi =============================================================================== We Simply the World of Personal Finance! Subscribe Our Channel to Uncomplicate Your Financial Life https://www.youtube.com/c/bekifaayati