Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is a refund given for a bank introduction, if the bank account is declined?

April 26, 2017Bank bank account Declined given introduction refund

0

Posted

Is a refund given for a bank introduction, if the bank account is declined?

1 Answer

0

Posted

No, the bank introduction is a service offered by service providers whereby a service fee is levied and does not guarantee bank account approval. Hence the bank account approval rest solely on the bank’s discretion and a refund is not given if the application for a bank account is declined.