How Can I Recover Money Lent by Bank Transfer?

Documenting Claims and Evidence

A bank receipt proves money was sent, not invariably that it was a repayable loan. It may have been a purchase price, partnership contribution, or payment of an existing debt. Recovery requires specification of the transfer's legal basis and repayment duty. This distinction is especially important for unexplained transfers.

Collect pre-loan discussions, a payment plan, signed documents, and later acknowledgment with the receipt. If funds went to another person's account, explain whose instructions and whose debt were involved. Everyday expressions should not be interpreted without the whole correspondence. Identify the debt covered by any partial refunds.

Without an agreed repayment date, when the claim became demandable and which notice is required need separate examination. Loan-specific provisions differ from general default rules. Missing documents do not make every claim impossible, but proof options depend on the transaction and evidence. A single witness should not be assumed sufficient for every amount.

Prepare all bank movements, currency, and complete correspondence. If considering a new settlement acknowledging debt, assess its effects on the old claim, security, and payment terms before signing.