VB
Victor B

1 reviews | Active since Apr 2025

18 Apr 2025, 19:59

TymeBank refuses to reverse my money.

I loved TymeBank and their services very much until recently when I transferred money into a wrong account swapped the last two numbers but the name and surname were correct now they telling me that they can not reverse my money and the receipant is refusing, how do you refuse with money that is not yours it's very disappointing that TymeBank didn't even try to freeze the money it means they allowing ********ity to take place and self inrichmeant. Their platform was used to make the transaction so them being unable to reverse it is unjust and unfair why did the funds go through if the name and surname did not correspond with the account number. This is alot of money to be lost just like that worse part it was meant for a funeral. Very unhappy with TymeBank and unsatisfied with the response that the is nothing they can do.

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Replies (2)
GoTyme Bank | Formerly TymeBank
GoTyme Bank | Formerly TymeBank's reply19 Apr 2025, 09:40
Official
Hi Victor,

We don’t like that you’ve been disappointed, our sincerest apologies, however, please note that EFT reversal queries are a best effort pursuit, meaning we cannot guarantee that it will be successful. We can only reverse a payment made in error only with the consent of the person who received the funds.


VB
Victor B's update21 Apr 2025, 19:17
Reviewer Update
So it means anyone can claim money that comes into their account even if it doesn't belong to them