What You Need To Know About ATM Dispense Error

✔ Fact Checked by TDPel News Desk

By Lola Smith

Published: February 3, 2022 | 4:13 PM

What is a Dispense Error?

It is an error that occurs when your account is debited for a transaction and value is not received, EITHER:
Your transaction fails at the point of making payments via POS/Web but your account is debited for the same value.
Cash is not dispensed from the ATM but the exact amount has been debited from your account.

What do I need to do to resolve a Dispense Error?

Typically, money reversal is automatic and takes some time as stated below:
Local Transactions – Your bank’s ATM 24 hours
POS/Merchant Website – 3 working days
Other Bank’s ATMs/POS/Merchant Website – 2 – 3 working days
Foreign Transactions International Terminals – 45 days

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About Lola Smith

Lola Smith is a highly experienced writer and journalist with over 25 years of experience in the field. Her special interest lies in journalistic writeups, where she can utilize her skills and knowledge to bring important stories to the public eye. Lola’s dedication to her craft is unparalleled, and she writes with passion and precision, ensuring that her articles are informative, engaging, and thought-provoking. She lives in New York, USA.