Return of sales

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The return of sales in banking is the reversal of a business transaction already posted on the current account due to insufficient funds in the account .

process

When the sales are returned, a previously booked amount or an amount intended for booking is booked back. This can be, for example, the return of direct debits or transfers that cannot be carried out due to insufficient funds in the account. In its amended terms and conditions, the Berliner Bank announces, for example, that " unauthorized credit card transactions ..... for technical reasons can no longer be returned online " (and the) " return transactions will then only take place at one of the ... locations of the Berliners Bank. "

Individual evidence

  1. ^ Website BB Termination of Credit Card Banking, accessed March 24, 2011