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Can EFT payment received be reversed

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shanechinasamy
Occasional Visitor

Can EFT payment received be reversed

Good day. I recieved an EFT payment (Standard bank to Standard bank) today. I am aware that there is a 24hr clearance period.

I just want to know if this payment could be reversed by the person who paid me? I recieved a payment notification via sms, however the money has not cleared yet.

Just concerned if the person could reverse and take the money back before it clears.

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Community Coordinator

Re: Can EFT payment received be reversed

Hi,

If you want the money to be reversed, The person who sent the money needs to visit a branch to get the money reversed. 

 

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