Categories CIPS system Home If a transaction is unsuccessful due to reasons not caused by our bank, will fees be refunded? Post author By Nomundari A Post date September 9, 2025 If the failure is not due to our bank’s fault, the fee will not be refunded. ← What information is required to initiate a CIPS transaction (such as bank codes, SWIFT/BIC, etc.)? → What happens if a transaction fails or is reversed?