I recently made a cheque deposit from, Bank of Kigali to my Equity Account in Kenya, but the teller accidentally keyed in Equity Bank Kigali.
I left the Bank with the deposit transcript, satisfied with Correct Account number and Correct Account names.
This morning the money wasn’t reflecting on the account due to the error, it should have been an international money transfer not internal.
The money now lies in a limbo account, banker’s in the house hi pesa nita pata namna gani wadau… Money deposited to a non existent account, reversal ina take how long…
The teller is very right and there was no error. The cheque must have been flown to Rwanda for clearing in their Central Bank. Once cleared, Equity Rwanda will get the funds from Bank of Kigali. Then Equity Rwanda will debit Equity Kenya with the amount. Finally Equity Kenya will credit your account.
Kitu sijaelewa is how did you know the teller keyed in Equity Bank Kigali? because that is back office stuff during end of day reconciliation. The receipt should reflect your name and account number and if you check your balance it should show the deposit only that the amount will be in lien.
Did you see me comment negatively on Okiyas thread this morning , if you have no valuable info concerning international money transfer stick to your hamsini hamsini hongo, while at it print this infantile reply of yours and shove it up your ass, jinga
I have been unable to confirm this but I think your 14-digit account number includes country, bank and branch codes so that no two accounts have the same number. In fact i think your money is in a suspense account in the bank of Kigali coz once it bounced in Equity kigali coz it could not be posted it was returned to originating bank. But like i said i could not be able to confirm this.
The “bouncing” would apply if it was a wire transfer. But since this is a cheque, the money has already left Bank of Kigali and is now in a suspense account with Equity Bank Rwanda