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If the transaction has failed / timed out / declined due to technical reasons, Bank shall not bear any liability to compensate the same in the form of interest or actual amount sent to the Beneficiary.
Now, there are many reasons for the delay in credit for the amount not happening. It is very rare that a transaction would not be credited efficiently. However, there could be various reasons like incorrect details like IFSC codes etc. It could also be incorrect bank account details, like name of the beneficiary.
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