Reversing a Transaction Clause Samples
Reversing a Transaction. A Cardholder may be entitled to reverse a Transaction (charge back) where the Cardholder disputes a Transaction made on the Card by a Merchant. If we are satisfied that a Cardholder is entitled to reverse a Transaction, we will credit the Cardholder Account for the amount initially debited for the Transaction. You or the Cardholder must immediately notify us of a disputed Transaction. There are time limits imposed by Visa Card scheme operating rules and if the Cardholder does not notify us within these time limits, we may not be able to reverse a Transaction and the Account Holder may be liable for the Transaction.
Reversing a Transaction. You may be entitled to reverse (chargeback) a Transaction where You have a dispute with a merchant. For example, you may be entitled to reverse a transaction where the merchant has not provided you with the goods or service you paid for. You must notify bank if you believe you are entitled to reverse a transaction. If bank is satisfied after investigation that you are entitled to reverse a transaction, it will credit your account for the amount initially debited for the transaction.