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The Requirement to Reverse a Debit Order in South Africa Capitec Bank
Can I Reverse a Debit Order in South Africa Capitec bank?
Your bank will process the debit orders assuming that the collecting party has a valid mandate in place. These debit orders can be reversed immediately if disputed within 40 days.
How do I reverse a debit order on capitec bank?
How to dispute a debit order
- Choose Transact.
- Choose Debit Orders.
- Enter your secret Remote PIN to sign in.
- Choose a debit order from the history menu.
- Choose a reason for the dispute.
- Accept the agreement.
How much does capitec charge to reverse a debit order?
| Disputed debit order: last 40 days (app) | 5.00 |
| Reversal of payment request to Capitec account (last 40 days) | 7.00 |
| Reversal of payment request to other bank account (last 40 days) | 160.00 |
| Local/ international card machine/online/ scan to pay/ telephone purchase (unsuccessful dispute, last 60 days). | 80.00 |
