If the recipient is unable to receive the Interac e-Transfer, rejects it, or does not accept it within 24 hours, the transaction status in your Venn account will show as “Pending.” The funds will automatically be returned to your account within 24 to 36 hours which is after the expiration of the payment request. We will credit your account as soon as we receive the funds back from the recipient’s bank. No further action is required on your part.

Written by Michael Tan
Updated over 3 weeks ago