I have done IMPS transaction today from ICICI to SBI. Funds should be transferred immediately which is why I have done IMPS. Amount debited from ICICI but it said "Transaction got timed out at beneficiary end. Wait for 3 working days and check the transaction status". Amount didn't credited to SBI account. Its been more than 8 hours. And today is public holiday(Jan1st), followed by Saturday and Sunday.
Do I need to wait till Tuesday or Wednesday to have my funds? If funds didn't get credited why it shouldn't rolled back to senders account immediately?
More or less it would be 4 or 5 days that I don't have my funds. This is very urgent transaction.
This is so unfair and cheating people. Was this information helpful? | 
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