There is no FPS message that allows you to unilaterally reverse a payment as a sending institution. It requires the consent of the receiving institution, and there’s no guarantee they’ll consent, or even have the ability to.
If the person receiving the money has moved it on, then it gone, FPS BER won’t save you. No receiving institution is going to voluntarily take on liability for another banks fuck up. At best they help you recover the money because the scheme makes them be helpful, but that’s no guarantee of actual recovery.
If the person receiving the money has moved it on, then it gone, FPS BER won’t save you. No receiving institution is going to voluntarily take on liability for another banks fuck up. At best they help you recover the money because the scheme makes them be helpful, but that’s no guarantee of actual recovery.