Money has been transferred to the wrong bank account, do not panic, take these steps immediatelyJuly 10, 2020
Everything related to daily life is fast becoming technology based. Almost all the work related to the bank has also become technology based. Online Banking has almost ended the hassle of customers going round the bank. Money transactions have also started happening online. Now online money transfer has become a better option than withdrawing money in line of bank or ATM. It saves time and is also safe. However, small omissions can sometimes cause problems. Many times cases are reported that the customer has mistakenly transferred the money to the wrong bank account. If this happens, the guidelines made by RBI should be followed immediately.
It says RBI
This is usually done by entering the wrong account number. After this mistake, most customers do not understand what to do now. According to RBI, if a customer has accidentally transferred money to a wrong bank account, then in that case it should first be informed to the bank in which the customer has an account.
After receiving the information, the bank talks to the concerned account holder whose money has been transferred to the account. Only then can the money be deducted from the account of the account holder.
Refuse to return money, do this work
Many times it is also revealed that the account holder refuses to return the money in which the amount has been deposited by mistake. In such a case, the customer has the right to take legal action against him by adopting the path of the court. However, usually in most cases receivers are willing to return the money when it is talked to by the bank.
Not only this, if the customer wants, then he can also file an FIR against the account holder who did not return the money in this case and can also go to the consumer court.