If the payment handle you enter doesn’t exist, the payment won’t go through. But if it matches a real handle, even by mistake, the money will be sent and can’t be reversed.
We’re not able to recover funds sent to the wrong payment handle, so it’s important to double-check the recipient’s details before you send the payment.
Global remittance services are available to SoFi members through SoFi Checking and Savings. SoFi Checking and Savings is offered by SoFi Bank, N.A., Member FDIC. Transfers are subject to the terms of the SoFi Bank Deposit Account Agreement in effect at the time of payment. Fees, exchange rates, and estimated delivery times will be presented prior to payment confirmation. Service availability may vary by country or recipient.