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> Banking standards here in the EU impose a 13 months period during which the sender (order sender) can ask for a full refund Is this really true? Do EU bank t
by runako 8y ago
> Banking standards here in the EU impose a 13 months period during which the sender (order sender) can ask for a full refund
Is this really true? Do EU bank transactions really take 13 months to fully clear?
- moviuro 8y agoNo, they don't take 13 months to clear. The idea is to protect the payer (the one losing money) from either their human error, or an unlawful debit. See https://www.europeanpaymentscouncil.eu/what-we-do/sepa-direct-debit https://www.europeanpaymentscouncil.eu/what-we-do/sepa-direc... .
- dkersten 8y agoIs that for “direct debit” only or all transactions?