Can You Cancel or Take Back an E-Transfer Once Sent?

Learn if it's possible to cancel or take back an e-transfer after sending, and how to manage pending transfers securely.

Published

Video transcript

No, you cannot take back an e-transfer once it has been deposited by the recipient. However, if the transfer is still pending, you can cancel it through your online banking portal. Always double-check the recipient's email or phone number before sending.

Questions and answers

  1. Can I cancel an e-transfer after it has been sent?

    You can only cancel an e-transfer if it is still pending and has not yet been deposited by the recipient.

  2. How can I cancel a pending e-transfer?

    You can cancel a pending e-transfer through your online banking portal by selecting the transfer and choosing to cancel.

  3. Is it possible to take back an e-transfer after the recipient has deposited it?

    No, once the recipient has deposited the e-transfer, it cannot be taken back.

  4. What should I do to avoid sending an e-transfer to the wrong person?

    Always double-check the recipient's email address or phone number carefully before sending an e-transfer to avoid mistakes.