Why did the international money transfer return? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Why did the international money transfer return?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

Your application may be returned due to incorrect beneficiary information, a closed account, an unacceptable currency, compliance requirements, or rejection by an intermediary/beneficiary bank.

Request a written explanation of the return and the fees charged before resubmitting; do not resubmit the same information without understanding the reason for the rejection.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

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