Are you looking for a way to reverse money you have sent to the wrong person or account? If you are a Capitec Bank customer, the answer is easy! The Capitec Bank app makes it easy to reverse money using their app, without the need for a debit order. Read on to find out how you can reverse money easily and safely.
Setting Up a Reverse Money Transfer
The first step in reversing money is to set up the transfer. To do this, you will need to open the Capitec Bank app on your smartphone or tablet. Once opened, you will need to select the “Send Money” option from the menu. This will open up a new page where you will need to enter the details of the recipient.
You will need to enter the recipient’s name, account number, and bank branch code. Once you have entered all of the necessary information, you will need to select the “Reverse Money” option. This will take you to a new page where you will need to enter the amount of money you wish to reverse.
Once you have entered the amount, you will need to select the “Confirm” button. This will open up a new page where you will need to enter your bank account details. You will need to enter your bank account number and the amount of money you wish to reverse. Once you have entered all of the necessary information, you will need to select the “Confirm” button.
Executing the Reverse Money Transfer
Once you have set up the reverse money transfer, you will need to execute it. To do this, you will need to open the Capitec Bank app on your smartphone or tablet. Once opened, you will need to select the “Send Money” option from the menu. This will open up a new page where you will need to select the “Reverse Money” option.
This will take you to a new page where you will need to enter the amount of money you wish to reverse. Once you have entered the amount, you will need to select the “Confirm” button. This will open up a new page where you will need to enter the bank account details of the recipient.
Once you have entered all of the necessary information, you will need to select the “Confirm” button. This will complete the reverse money transfer and the money will be sent to the recipient’s bank account.
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Have you ever struggled to reverse a payment using the Capitec App? If yes, you are in the right place.
This article will provide you with all the information you need in order to reverse a payment not via debit order on the Capitec App. This process is relatively straightforward and can be done in just a few steps.
First, you need to log into the Capitec App with your valid account credentials. Once logged in, go to the Payments tab and select “Reverse Payment.” You will then need to input the transaction reference number of the payment you are trying to reverse. You will also be required to select the type of payment you wish to reverse. If you are trying to reverse a payment not done via debit order, you will need to select “Other payments.”
After that, you will have to enter the amount of money you would like to reverse. This amount must match the exact amount of the payment you are trying to reverse. Once you have entered all the relevant information, click on ‘confirm’ and the reversal process will begin.
The reversal process can take up to 24 hours depending on your bank’s processing times. During this time, you will be notified of the progress of your reversal via your Capitec App. Once the reversal is completed, you will receive notification that the money has been successfully reversed and the payment has been cancelled.
Reversing payments not done via debit order on the Capitec App is easy and straightforward. Just follow the steps outlined in the article and you should be able to reverse your payment quickly and easily.
