The transfer is due to personal or bank reasons, such as communication timeout and network system failure. As a result, the money transferred by the user cannot be successfully transferred to the designated account. The system will automatically return the money and other expenses generated by the transfer to the original account, and the original transfer transaction will be cancelled. Generally speaking, the reason for the transfer reversal is the transfer error, and the bank will automatically correct the error, cancel the transfer transaction, and the transfer money will be automatically returned to the original account.

1. Transfer settlement refers to a monetary settlement method in which a bank transfers money from a payment account to a collection account without directly using cash. It is gradually developed with the development of the banking industry. When the settlement amount is large and the space distance is far away, it can be safer and faster to use transfer settlement. In modern society, most commodity transactions and monetary payments are carried out by means of transfer settlement. 2065438+On March 28th, 2009, the requirement of 24-hour receipt was cancelled and real-time receipt was implemented.

2. There are many ways of transfer settlement, which are mainly divided into two categories: settlement in the same city and settlement in different places. City settlement includes cheque settlement, payment authorization settlement, city collection and acceptance settlement, collection and non-acceptance settlement, limit cheque settlement, etc. Off-site settlement includes off-site collection and acceptance settlement, off-site entrusted collection settlement, exchange settlement, letter of credit settlement and limit settlement.

3. Domestic commercial banks have successively opened their own mobile banking, such as China Merchants Bank, and launched a three-year free mobile banking transfer and remittance activity. Customers who register for mobile banking can handle the transfer and remittance business of China Merchants Bank in the same city, in different places, in the same city and in different places through the mobile banking of iPhone version, Android version, HTML webpage version or iPad bank, and can enjoy the preferential treatment of free transfer and remittance fees.

2065438+On February 25th, 2006, five banks of industry, agriculture, China, China Construction and Bank of Communications held a joint meeting on "Strengthening account management and promoting inclusive finance". The domestic RMB transfer and remittance handled by customers through mobile banking is free, and the domestic RMB online bank transfer and remittance for customers below 5,000 yuan is free, which reduces customer fees.