Your bank is required to stop payment on an automatic withdrawal if you give it three business days’ notice. Notifying your bank by phone within the three business day period is sufficient to stop the transfer, but your bank may also require that you put your request in writing within 14 days.
Can I call my bank to cancel a pending transaction?
You’re unable to stop or cancel the transaction until it is complete. You need to wait until the transaction is complete and is no longer a pending transaction if you wish to dispute it. If you have a transaction that hasn’t disappeared you can call us 24/7 on 13 2221.
How long does it take for a pending transaction to fall off?
Typically, merchants do this at the end of the day, so in theory, the closer your purchase is to the merchant’s time of closing, the sooner the transaction will clear. However, settlement policies vary by merchant, so it’s not unusual for a debit card transaction to remain pending for up to five days.