Knowledge Base

No, Samco does not charge anything for failed transactions.

If a fund transfer fails and whether due to a bank-side issue, incorrect details, or a technical error and no charges are deducted from your Samco trading account.

What happens to your money:

• If the amount was debited from your bank but not credited to your Samco account, it will be reversed back to your bank account within the standard banking timeline.
• If the transaction failed before the debit, no amount is deducted from either end.

Note: Your bank may levy a charge for a failed transaction depending on their policy — this is outside Samco’s control.

For any assistance with a failed transaction, contact Samco Support with your Client Code, UTR number, transferred amount, and payment screenshot.