answersLogoWhite

0

Yes, banks have the ability to reverse charges made on your account under certain circumstances, such as unauthorized transactions or errors. You can contact your bank to inquire about the process for disputing a charge and potentially getting it reversed.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Continue Learning about Finance

Why was there a successful payment made, but my bank account has not been charged?

It is possible that the payment was authorized but not yet processed by your bank, leading to a delay in the charge appearing on your account. This can happen due to various reasons such as processing times, pending transactions, or technical issues. It is advisable to monitor your account and contact your bank for clarification if needed.


Can a bank charge off an auto loan and still accept payments from you at the same time?

Yes, if the account was in default. If there were arrearages payments being made could be applied to such making the account still in default and subject to additional action as well as a charge off.


How can I reverse a bank transfer that was made in error?

To reverse a bank transfer made in error, you should contact your bank immediately and provide details of the transaction. The bank may be able to help you reverse the transfer if it has not been completed or if it meets certain criteria. It is important to act quickly to increase the chances of successfully reversing the transaction.


If you have a check made out to you drawn upon that branch can they charge you a fee?

If you cash a check at the bank where the account is, then it's not common to be charged a fee for cashing it. Most banks do not charge you for cashing local cheques (cheques issued in the same city even if it is a different bank) It also depends on the type of account you hold and the place from where the cheque was issued to you.


Can you deposit a check that is endorsed into your bank account that is not made out to you?

No.

Related Questions

Why was there a successful payment made, but my bank account has not been charged?

It is possible that the payment was authorized but not yet processed by your bank, leading to a delay in the charge appearing on your account. This can happen due to various reasons such as processing times, pending transactions, or technical issues. It is advisable to monitor your account and contact your bank for clarification if needed.


Can an employer withdraw funds from an employee's bank account?

No. Unless the employer is a signer on the account s/he can not withdraw funds from the account. There are very serious penalties for anyone either taking money or giving money from someone else's bank account. An employer can, however, reverse a direct deposit made into an employee's bank account, so it can seem like a withdrawal, but it really isn't. (For example, if a direct deposit were made in an incorrect amount, it could be reversed for the purpose of correcting it.)


Can a bank charge off an auto loan and still accept payments from you at the same time?

Yes, if the account was in default. If there were arrearages payments being made could be applied to such making the account still in default and subject to additional action as well as a charge off.


How can I reverse a bank transfer that was made in error?

To reverse a bank transfer made in error, you should contact your bank immediately and provide details of the transaction. The bank may be able to help you reverse the transfer if it has not been completed or if it meets certain criteria. It is important to act quickly to increase the chances of successfully reversing the transaction.


If you have a check made out to you drawn upon that branch can they charge you a fee?

If you cash a check at the bank where the account is, then it's not common to be charged a fee for cashing it. Most banks do not charge you for cashing local cheques (cheques issued in the same city even if it is a different bank) It also depends on the type of account you hold and the place from where the cheque was issued to you.


Can you reverse a credit charge for an emergency car insurance payment you made for a friend because she did not reimburse you as promised?

No. If you agreed to let the person place the charge on your account, it is your debt. The only recourse you have is to sue the person in small claims court.


If account is overdrawn can you withdrawal cash?

No. You owe the bank money, and have nothing to withdraw. If you have overdraft protection, and you have made a withdrawal, the bank has loaned you money and will charge you additional fees or interest or both, plus the amount of the overdraft.


Can you deposit a check that is endorsed into your bank account that is not made out to you?

No.


Paying bank here in the Amsterdam Netherlands before any transfer can be made to your designated bank account in your country?

do i which paying bank here in the AMSTERDAM NETHERLANDS before any transfer can be made to your designated bank account in your COUNTRY?


What is the debit and credit in made a payment on accounts payable?

account payable account debit to bank account


How can I initiate a reverse bank transfer for a transaction that was made in error?

To initiate a reverse bank transfer for a transaction made in error, you should contact your bank immediately and request a reversal of the transaction. Provide details of the transaction and explain the error to the bank representative. They will guide you through the process of reversing the transfer.


Will PayPal overdraft my bank account?

PayPal does not have the ability to overdraft your bank account. Transactions made through PayPal are typically funded by a linked bank account, credit card, or PayPal balance. If there are insufficient funds in your linked bank account, the transaction may be declined.