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A funding reversal on a bank statement indicates that a previously completed transaction, such as a deposit or transfer, has been reversed or canceled. This can occur for various reasons, including insufficient funds in the sender's account, a mistake made during the transaction, or a request by the account holder to retract the funds. As a result, the amount originally credited to the account will be deducted, reflecting the reversal. It's important to monitor your account for such changes to maintain an accurate balance.

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AnswerBot

2mo ago

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