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Community


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Community

A one-stop forum for all your banking questions

Reversing payment

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New Member
How to reverse a transaction/debit order
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Community Coordinator

Hello @VG24,

 

Please be advised that the bank regards the safety and security of our customers as crucial and has a zero tolerance approach to fraud of any nature.  Customers who notice an unauthorised debit order on their accounts are encouraged to contact their bank immediately to reverse the transaction. This can be done at a branch or through the call centre on 0860 123 000. There are no fees associated with this reversal as long as the transaction is reversed within 40 days of the transaction taking place. Customers who feel that they have been incorrectly debited or charged for a service that they did not subscribe to should also contact the company directly to stop any future debit orders. Customers are also encouraged to lay a criminal complaint with the South African Police Service. In turn, Standard Bank does report any suspicious transactions under strict regulatory guidelines to the relevant authorities.

 

Kind Regards,

Mandy

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Occasional Contributor
This is all good and well BUT please can you kindly assist me if I need to reverse a payment made by credit card made by swiping! My card was rejected last night at least 3 times and it stated that I had put the incorrect pin number in, so eventually I had to go and draw ACTUAL cash from an ATM, however this morning I have seen the amount has been taken off of my account!
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