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.

Transfer reversal has little influence on the remitter and the payee, but for the teller, because of the mistakes in his work, it will bring unnecessary trouble to the customer, and the bank will punish the salesman accordingly.

It is a transaction that has been marked as successful at the terminal, but the account transaction package sent to the host has not received a response. That is, the terminal transaction timed out, so it is uncertain whether the transaction has been successfully completed on the host. In order to ensure the interests of users, the terminal sends a request to the host again, requesting to cancel the transaction process; If the host has successfully traded, the transaction will be rolled back, otherwise it will not be processed, and then the processing result will be returned to the terminal.

The reversal transaction is caused by the work error of the bank teller, not the mistake of the remitter, so the bank will make a reversal. If the remitter makes a mistake, remits the wrong payee or remits the wrong amount, the bank is not allowed to reverse it. The solution is to complain directly to 95533, or go to the business outlet to find the business supervisor and tell him that this business has brought certain economic losses.

Bank transfer settlement refers to the monetary fund settlement method of transferring money directly from the bank account of the payer (or individual) to the bank account of the payee (or individual) through the bank without using cash.

The implementation of bank transfer settlement is conducive to the state's regulation of currency circulation. The implementation of bank transfer settlement and the replacement of cash circulation with bank credit receipts and payments have enabled cash to be used only for businesses below the settlement starting point and within the scope of cash expenditure, narrowed the scope and quantity of cash circulation, separated a large amount of cash from the circulation field, and created conditions for the state to organize and regulate cash circulation in a planned way and prevent and curb inflation.

The implementation of bank transfer settlement is conducive to speeding up the turnover of materials and funds. Bank transfer settlement is realized through the centralized liquidation of funds by banks. By using various settlement vouchers and bills, the bank can directly transfer funds from the payer (or individual) to the payee (or individual) in the bank account. Regardless of the size, complexity and distance of the payment, as long as it is above the settlement starting point, it can be handled in time through banking institutions. The procedure is simple, which saves the procedures of cash transportation, counting and storage, which is convenient and fast, thus shortening the liquidation time and speeding up the turnover of materials and funds.