Clearing of deposits can be delayed due to errors in the amount or the information provided. Errors include:
- Incorrect amount deposited (not unique deposit amount);
- Alteration of the unique deposit amount due to deduction of fees in the banking process;
- Currency sent is not accepted by the beneficiary bank;
- Incorrect SWIFT, IBAN or account details.
Errors result in outstanding deposits having to be manually found and allocated to the appropriate Ezyaccount.