Under what cases can my transaction request be rejected?
Your transaction request may be rejected on account of following reasons:
- Insufficient funds in Payer Account.
- Debit Bank fails to credit ICICI Bank customer in spite of having sufficient fund available in Payee's account.
- Withdrawal of consent by the Payer.
- Payer has closed/transferred the Bank Account.
- Payment stopped by court.
- Other reason as assigned by Payer Bank.
Under Check Status you will be provided with a reason of rejection.