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take our lead lets help you make your mark our goal is your satisfaction let us show you the way how to cancel a bank transaction contact the recipient in the transaction to see if they can cancel it from their end gather all relevant data on the transaction gather data about your bank account contact your bank and request to cancel the transaction make your mark take our lead you may be able to cancel a money transfer but it depends on the circumstances the money hasnt been deposited or picked up by the recipient and you paid for the transfer less than 30 minutes ago or if you scheduled the transfer in advance you can cancel the transfer up to three business days before it is made make your mark take our lead if you paid by bank transfer or direct debit most banks should reimburse you if youve transferred money to someone because of a scam this type of scam is known as an authorized push payment if youve paid by direct debit you should be able to get a full refund under the direct