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I have received a mail with a subject line that says “Transaction rejected”. What does it mean?

April 26, 2017line mail mean received Subject

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I have received a mail with a subject line that says “Transaction rejected”. What does it mean?

1 Answer

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Posted

There might be a case that the US bank account details (ABA Routing number, Account number, Account type) provided by you while registering for e-Transfer are incorrect. Such a case is rejected and returned by your US bank with the return type “R” and cannot be processed. The same is informed to you through an e-mail. Click here to know more about the “R” type returns.