When transferring or remitting money, if the account number or account name is entered incorrectly, the bank will generally collect the customer's funds first, and then return the funds after the other bank verifies the information.
When remitting money, the remitter should carefully confirm the remittance information before making payment.
Bank remittance process?
1. Counter remittance: users need to provide the payee's bank account and payee's name before they can handle remittance business with their ID card and remitted cash.
2. Electronic remittance: When users remit money through mobile banking or online banking, they also need to provide the account and name information of the payee.
3. SMS remittance: users can edit fixed-format SMS through SMS and send it to the designated account. You need to open this function in advance to use SMS remittance.