Accidentally Sent Money to the Wrong ICICI Account: How Can I Recover It?

I don't know whether I can post this question here or not. My question is, I deposited some amount in the wrong ICICI Bank account and also contacted the bank. They were not able to reach that account holder. If they are unable to contact that account holder, how do I get my money back? As informed by the bank, some of that amount was withdrawn by the receiver through ATM withdrawal. If the bank is unable to contact that person, what kind of action can they take on the account holder?

If they eventually catch that person, how do I get my total amount back, including what they have withdrawn so far?

Please help me.

Thanks,
Vadeghar

Steps to Take When Facing Banking Issues

Firstly, have you made any written communication with the bank? Do you have any proof of the same? If yes, then please refer to the terms and conditions of the bank's policy regarding the time limit to file such complaints.

If you have lodged a complaint within that specific time frame, then simply issue a reminder letter to the bank, giving them 7 days to address the matter.

Subsequently, you can proceed to issue a legal notice to the bank and file a complaint with the consumer forum.

Thanks for your reply. Is the bank entitled to return my money to me or reverse the wrong transaction without the presence of the wrong account holder? If yes, how?

The bank has the power to inquire about and cancel the transaction. If they refuse to do so, you can always sue them for DEFICIENCY IN SERVICE in consumer court.

Regards,
CHAITRAL K KOTWAL