When it comes to sending money to friends or family, an instant transfer can be a fast and efficient choice. But what happens if you’ve changed your mind and want to cancel the transfer? That’s why we’ve prepared this detailed article on how to cancel an instant transfer on Widiba. Here we will explain step by step how to cancel an instant transfer on Widiba
quickly and effectively.
What is Widiba and how was it created
Widiba is an Italian online bank founded in 2016 by a joint venture between Banca Popolare di Bari and Banco BPM. Widiba is headquartered in Milan and is a bank with a fully digitized business model, which offers banking and financial services through its mobile app. The bank stands out for its wide range of innovative products and services, including current accounts, credit cards, mortgages, loans and other financial products. One of the most sought after services offered by Widiba is the instant transfer, which allows users to make payments securely in a few seconds, without having to wait
days or even weeks.
How to cancel an instant transfer in general
In general, canceling an instant transfer can be difficult because instant transfers are processed very quickly by the beneficiary’s bank. However, if the amount of the transfer has not yet been credited to the beneficiary’s account or if the transfer was sent by mistake, it is possible to cancel it before it reaches its destination. To do this, it is essential to contact your bank and explain the situation so that you can cancel the transaction in time
.
How to cancel an instant transfer on Widiba
To cancel an instant transfer on Widiba, you must first enter the “Transfers” section in the Widiba app and enter the “Transfer History” tab. Then, you must identify the transfer to be canceled and select it. At this point, a drop-down menu will open with different options to choose from: ‘Cancel Transfer’. Selecting this option will open a new window in which some additional information will be requested to proceed with the cancellation of the selected transfer. You must then enter all the requested information and confirm the cancellation of the transfer by clicking on the “Cancel Transfer” button
.
To cancel an instant transfer on Widiba, follow these steps:
1) Enter the “Transfers” section of the Widiba app;
2) Enter the “Transfer History” tab;
3) Identify the transfer to be canceled and select it;
4) Select the “Cancel Transfer” option;
5) Enter all the requested information;
6) Confirm the cancellation by pressing the “Cancel Transfer” button
.
The consequences of canceling the instant transfer
Canceling an instant transfer can have different consequences depending on the specific situation. If the transfer was sent by mistake or has not yet been credited to the beneficiary’s account, the issuing bank will return the amount to the sender, after which a notification will be sent to the beneficiary indicating that the payment will no longer be available. If the transfer has already been credited to the beneficiary’s account but is canceled before it is used, the issuing bank will return the amount
.
Canceling an instant transfer on Widiba is a simple, fast and efficient process. If you follow the steps described above, you shouldn’t have any difficulty canceling your instant transfer. Remember to check your emails to ensure that the cancellation was successful. If you still have any questions or issues, don’t hesitate to contact Widiba customer service for
further assistance.