This article answers some of the most frequently asked questions (FAQ) related to outgoing bank transfers in Payhawk.
Can I cancel an outgoing bank transfer?
No. Once an outgoing bank transfer has been initiated in Payhawk, it cannot be canceled or reversed from within the application, regardless of whether the status is pending or completed. Once the transfer is being processed by the bank, cancellation is not possible. If you need to recover the funds, you must arrange with the recipient to return the amount. This applies to all outgoing transfers, including those to employees and foreign currency accounts.