Once your transfer is submitted, it can’t be cancelled, so make sure you keep your recipient account details up to date.
Please note that the majority of transfer types we process can't be reversed. However, under some circumstances, we may attempt to recall your transfer by contacting relevant intermediary banks. This depends on the beneficiary bank's cooperation. While we can’t guarantee a successful outcome, or estimate the time it will take, we can assure that we'll do our best to solve this for you as soon as possible.
In general, there can be several reasons for cancelling the transfer. Some common situations are:
If the recipient account is closed or non-existent, the transfer should automatically bounce back to your account, normally within five working days, unless the receiving bank has technical issues.
If the recipient account details don’t match, the transfer should automatically bounce back to your account, normally within five working days. However, these account details could belong to a different person, which can make the recovery process longer than usual. If that happens, your intended recipient may need to check with their bank about what can be done to speed up the recovery process.
The easiest way to retrieve funds is to ask your recipient to pay you back the duplicate transfer.
If you believe a transfer should be reversed for another reason, get in touch with more details so we can find the best solution for you.