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How to Reverse FNB eWallet in November 27, 2021.

eWallet FNB is one of the easiest, most effective, and least expensive ways to send money to friends and family in South Africa.

Sending money around the world has become much simpler in this digital era.

eWallet FNB is a low-cost, easy, and instant money transfer service that allows you to send money to everyone.

But what if you give money to the wrong cellphone number by mistake?

How do I reverse FNB eWallet?

This is the most basic form of eWallet reversal. To process the reversal, you’ll need some airtime.

  • Dial *120*321# on your cellphone [USSD]
  • Select option 4 for “Send Money” Next
  • Select option 3 for “eWallet reversal”
  • Select the transaction that you want to reverse.
  • And that’s it.

Can you reverse an eWallet transaction?

Detailed Stepy by Step

From the cell phone associated with your FNB account, dial *130*321# and select “transfer money.” to start eWallet reversal.

You will be questioned for the PIN number on one of your bank cards if you have not yet registered for cellphone banking.

This may be a little frightening, given that you’ve just been scammed, but the fact that it knows the last four digits of your card can convince you that you’re interacting with FNB.

After authenticating yourself with a card PIN, you’ll be prompted to create a new cellphone banking PIN.

You should now proceed to the eWallet reversal, but the menu you are faced with would be somewhat different.

You will be advised that reversals are only possible within 72 hours and are due to the funds being available.

How long does it take to reverse eWallet?

If you give money to the wrong person and contact the eWallet FNB customer service staff, the reversal can take up to four business days.

If the recipient’s phone number does not function, the money is returned to the sender within 15 business days.

How do I retrieve eWallet?

  • Dial *120*277# to access the eWallet.
  • Select ‘Get cash’
  • You’ll receive an SMS with an ATM PIN.

How much does it cost to reverse an eWallet?

Please keep in mind that you would be paying a fee of about R50 to get the money returned to you if it was sent to the wrong number.

This technique is also not assured, according to eWallet FNB.

To guarantee a smoother experience, double-check the recipient’s mobile phone number as well as the sum to be transferred, which will spare you the trouble of making a FNB eWallet reversal.

Here’s a short refresher on how to use this website to submit money correctly.

eWallet FNB

At any given time, an eWallet FNB account will hold a limit of R5,000.

The daily transfer limit for the mobile app or online banking is R3,000, while the cap for cellular banking and ATMs is R1,500.

Furthermore, FNB eWallet will only charge you R10.95 per transaction, making it the most economical way to transfer money in South Africa.

The fee for withdrawing funds from an FNB eWallet can vary based on the volume withdrawn.

You may also want to find out in details how does an eWallet work?.

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