I have deposited money via Internet banking (Absa) into the FNB account and on the 3rd April 2013 the amount of R1 200. The following day the beneficiary of the account told me that they are no longer using the account, according to them they just abandoned the account without closing it with the bank. My beneficiary requested me to reverse the transaction, I asked Absa if this is possible as the amount was successfully transferred into this account, they said the transaction can be performed but its a long process.
What i am trying to establish is how is it possible that the money was successfully transferred while the account is inactive (because the beneficiary claims not using the account)?
Can They not go to the branch and get this money?
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