How To Reverse A Capitec Cash Send
If you’ve ever accidentally sent money to the wrong person through Capitec’s Cash Send feature, you know how frustrating it can be. The good news is that there is a way to reverse the transaction – you just have to know where to look.
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How to reverse a Capitec cash send
If you’ve accidentally sent money to the wrong person using Capitec’s Cash Send feature, you can reverse the transaction within 20 minutes of sending it. Here’s how:
1. Log in to the Capitec banking app and go to the ‘Transactions’ menu.
2. Select the ‘Cash Send’ tab.
3. Find the relevant transaction and tap on it.
4. Tap ‘Reverse Transaction’.
5. Enter your PIN and select ‘Confirm’.
Once the transaction has been reversed, the funds will be back in your account within 24 hours.
What is the process for reversing a Capitec cash send
If you have sent money to the wrong person using Capitec’s cash send feature, you can reverse the transaction within 10 minutes of sending the money. Here’s how:
1. Log in to your Capitec banking app and go to the ‘Transactions’ tab.
2. Find the transaction you want to reverse and tap on it.
3. Tap ‘Reverse Transaction’ and confirm the reversal.
The money should be back in your account within 10 minutes.
How can I cancel a Capitec cash send
If you need to cancel a Capitec cash send, you can do so by logging into the app and selecting the transaction. From there, you will have the option to cancel the transaction. If the funds have not yet been sent, they will be refunded to your account. If the funds have already been sent, you will need to contact the recipient and ask them to return the money.
What are the consequences of reversing a Capitec cash send
If you reverse a Capitec cash send, the money will be returned to your account and the recipient will not receive the funds.
How long does it take for a Capitec cash send to be reversed
If you have made a mistake when sending a cash send with Capitec, you can cancel the transaction within 30 minutes of making it. After 30 minutes, the transaction cannot be reversed.
Is there a fee for reversing a Capitec cash send
When you send cash using Capitec, the money is gone for good – or so you thought. But what if you need to cancel the transaction? Is there a way to get your money back?
It turns out that there is a way to reverse a Capitec cash send, but it comes at a price. According to the Capitec website, “a reversal fee of R10 will be charged” in addition to any other applicable fees. So if you need to cancel a transaction, it’s going to cost you.
Of course, this begs the question: why would you ever need to reverse a cash send in the first place? There are a few reasons. Perhaps you sent the money to the wrong person by mistake. Or maybe you changed your mind about giving someone money after you’ve already sent it.
Whatever the reason, it’s good to know that there is a way to get your money back – even if it does come at a price.
What happens if I don’t have enough money to reverse a Capitec cash send
If you don’t have enough money to reverse a Capitec cash send, the money will be deducted from your account balance.
What do I need in order to reverse a Capitec cash send
In order to reverse a Capitec cash send, you will need the following:
– The unique reference number for the transaction
– The cellphone number of the recipient
– Your personal identification number (PIN)
If you have all of the above, simply log into your Capitec online banking account and navigate to the ‘Transactions’ page. From there, select the ‘Reverse Transaction’ option and follow the prompts.
How do I know if my Capitec cash send has been reversed
If you’re unsure whether or not your Capitec cash send has been reversed, there are a few things you can do to check. First, check your transaction history within the app to see if the cash send appears as canceled. If it does, that means the reversal was successful. Alternatively, you can also contact Capitec customer service to inquire about the status of your cash send.
Can I reverse a Capitec cash send after it has been completed
If you’ve sent money to the wrong person using Capitec’s Cash Send feature, you can reverse the transaction as long as it’s still pending. Once the recipient has accepted the money, however, you can’t cancel the transaction.