icons

Login / Sign up

Zero Brokerage.

Thousands of new listings daily.

100 Cr+ Brokerage saved monthly.

Enter phone to continue

Change Phone
Get updates on WhatsApp

Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Q.

What Happen if I Add Correct Account Number and Wrong Beneficiary Name?

view 5353 Views

1

2 Year

Comment

whatsapp [#222222128] Created with Sketch. Send

Let me tell you

what happens if the beneficiary name is wrong

. In some cases, the funds are credited to the intended recipient's account even if the beneficiary's name is wrong. The bank can also hold the transaction, if the beneficiary name does not match the account details or the transaction may get rejected, if the bank has strict verification procedures.

 

Need help with legal documentation? Contact NoBroker
Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners