common-close-0
BYDFi
Trade wherever you are!

Can I cancel a cash transfer from my bank to Coinbase if I made a mistake?

avatarNikolaiDec 30, 2021 · 3 years ago3 answers

I recently made a cash transfer from my bank to Coinbase, but I realized that I made a mistake. Is it possible to cancel the transfer and get my money back?

Can I cancel a cash transfer from my bank to Coinbase if I made a mistake?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Unfortunately, once you initiate a cash transfer from your bank to Coinbase, it is generally not possible to cancel the transfer. This is because the transfer process is usually automated and irreversible. It's important to double-check all the details before initiating the transfer to avoid any mistakes. If you have made an error, it's recommended to contact Coinbase support as soon as possible to see if they can assist you in any way.
  • avatarDec 30, 2021 · 3 years ago
    In most cases, cash transfers from your bank to Coinbase cannot be canceled once initiated. This is because the transfer process is designed to be secure and efficient, and once the transfer is initiated, it cannot be reversed. It's important to be careful and double-check all the details before confirming the transfer to avoid any mistakes. If you have made an error, it's best to reach out to Coinbase support for further assistance.
  • avatarDec 30, 2021 · 3 years ago
    When it comes to canceling a cash transfer from your bank to Coinbase, it depends on the specific policies and procedures of the exchange. While Coinbase does not typically allow for cancellation of cash transfers, there may be certain circumstances where they can make exceptions. It's recommended to contact Coinbase support as soon as possible and explain the situation. They will be able to provide you with the most accurate information and guide you through the process if cancellation is possible.