Is a faster-payments bank transfer refundable if I was scammed?
Possibly — many banks now reimburse authorised push-payment fraud, but you must report it quickly. Refund rules and amounts vary by bank and jurisdiction.
Last reviewed: 1 June 2026
Explanation
When you are tricked into authorising a bank transfer to a scammer, it is called authorised push-payment (APP) fraud. Unlike card payments, bank transfers do not have automatic chargeback rights. However, many banks in the UK and other countries have voluntarily adopted reimbursement codes, and some jurisdictions have made partial reimbursement mandatory. Your chances of recovery are highest if you report to your bank on the same day, as banks can sometimes recall funds before they are moved onward. Even if full reimbursement is refused, you should still file a police report and a report with your national fraud body, because it creates a record and supports any later appeal. Keep all evidence: messages, screenshots, and transaction references.
Common red flags
- You transferred money after being convinced of an urgent reason
- The recipient account details were provided by someone who contacted you
- You were told to keep the transfer secret
- The 'investment' or 'emergency' story now feels implausible
What to do now
- Call your bank's fraud line immediately — every hour matters
- File a report with your national fraud reporting body
- Keep all messages and receipts as evidence
- Ask your bank about APP fraud reimbursement policy in writing
Frequently asked questions
Does it matter if I authorised the transfer myself?
Yes, but many reimbursement schemes still cover authorised transfers where you were deceived. Being 'authorised' does not automatically disqualify you.