Cannot recoup erroneous payment

Utilised the Recall payment service, Absolutely disgusted.

Accidental EFT cannot be reversed due to lack of funds in the recipient's account. (So other accounts' balance in my problem )

Caution you cannot stop a payment before it is processed even if you phone the bank 20 seconds after you make the payment.

So in other words, if any of your beneficiaries changed their banking details/switched banks and you make a payment to the old/incorrect account….kiss your cash goodbye (And they will charge you R250 )

I will be closing all of my accounts. So much for private banking. No wonder nedbanks not in the top 4 anymore