> What if a similar transaction error was committed by an individual or a business managed by an individual, the amount of hardship and pain they have to go through , before all those transactions could ever be reversed.
What makes you think these transactions can be reversed? In the U.K. most inter-bank transactions are non-reversible for a whole host of reasons. When a bank “reverses” a transaction, what that usually means is they sent an email to the receiving bank to pretty please send the money back. There’s 50/50 odds the receiving bank still has the money and is interested in helping you.
What makes you think these transactions can be reversed? In the U.K. most inter-bank transactions are non-reversible for a whole host of reasons. When a bank “reverses” a transaction, what that usually means is they sent an email to the receiving bank to pretty please send the money back. There’s 50/50 odds the receiving bank still has the money and is interested in helping you.