What does Reversal of ACH deposit mean?
4screens
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Posted on
May-15-2017
12:07 PM
I made a purchase of $149 on 11/15/16 and a few minutes later cancelled this transaction. When I reviewed my PayPal statement I could see both the payment and refund of $149 but I also noticed a "Reversal of ACH Deposit" in the same amount. Can someone in the community explain what the reversal is and did I receive a full refund? Thak you.
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DPCreations
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May-15-2017
12:13 PM
Perhaps a reversal of funds that were coming from your bank account to pay for the puchase.
4screens
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May-15-2017
03:59 PM
sharpiemarker
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May-15-2017
12:20 PM
A reference transaction noting that the funds were returned to your bank account.
Kudos & Solved are greatly appreciated. 🙂
4screens
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May-15-2017
03:58 PM

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