How To Reverse Money On Capitec

Are you looking to reverse a transaction on your Capitec account? In this article, we will guide you through the steps to reverse money on your Capitec account. Whether you made a mistake in transferring funds or received a payment in error, Capitec makes it easy to reverse transactions and get your money back. Follow our step-by-step guide to reverse money on Capitec and get your finances back on track.

How to Reverse Money on Capitec

If you have made a mistake in transferring money to another account or have received a payment in error, you can easily reverse the transaction on your Capitec account. Follow these simple steps to reverse money on Capitec:

Step 1: Log in to your Capitec account

Visit the Capitec website and log in to your account using your username and password. Once logged in, navigate to the ‘Transact’ tab on the dashboard.

Step 2: Select ‘My Transactions’

Under the ‘Transact’ tab, select ‘My Transactions’ to view a list of all your recent transactions.

Step 3: Locate the transaction to reverse

Scroll through the list of transactions to locate the one you wish to reverse. Click on the transaction to view more details.

Step 4: Initiate the reversal

Once you have located the transaction, click on the ‘Reverse’ button to initiate the reversal process. Follow the on-screen prompts to confirm the reversal.

Step 5: Confirm the reversal

You will receive a confirmation message on your screen once the reversal is successful. The funds will be returned to your Capitec account within a few business days.

Things to Keep in Mind

When reversing a transaction on Capitec, there are a few important things to keep in mind:

1. Time limit

Capitec allows you to reverse a transaction within a certain time limit, typically within 24 hours of the transaction being made. Make sure to initiate the reversal as soon as possible to ensure the funds are returned promptly.

2. Fees

Capitec may charge a small fee for reversing a transaction, depending on the type of transaction and the reason for reversal. Make sure to check the fee schedule on the Capitec website before initiating the reversal.

3. Contact customer support

If you encounter any issues or have questions about reversing a transaction, contact Capitec customer support for assistance. They will be able to guide you through the process and provide any additional information you may need.

Conclusion

Reversing a transaction on Capitec is a straightforward process that can be done quickly and easily online. By following the steps outlined in this guide, you can reverse a transaction and get your money back in no time. Remember to double-check all details before confirming the reversal and contact customer support if you need any assistance. Get started today and reverse money on your Capitec account with ease.