45 days
If an account has been charged for a transaction, but the merchandise has since been returned, a credit should be received within 45 days of receipt of the bill. After 45 days, the cardholder should formally dispute the charge with the card-issuing bank, but documented evidence of the merchandise return is required.

How many days does a cardholder have to dispute an unauthorized purchase card transaction?

60 days
Federal law only protects cardholders for a limited time — 60 days to be exact — after a fraudulent or incorrect charge has been made. Thankfully I noticed the billing error within a few days of it posting to my account and started the dispute process right away.

How long does a merchant have to settle a transaction?

The time that it takes for a merchant who accepts a credit card as payment until the time the funds are deposited into the merchant’s bank account can vary depending on the type of merchant account the business owner uses. Typically, a payment can take anywhere from 24 hours up to three days to process the payment.

When must a transaction be disputed for charges not made by the cardholder?

If transactions not made by the cardholder appear on the statement, the cardholder must submit a dispute form to the bank within 90 days from the date that the transaction was processed . Failure to submit the dispute form and/or affidavit could result in liability of the government for the transaction charge(s) .

How long do clients have to report unauthorized charges before they own the loss?

within 60 days
If your card wasn’t lost or stolen, but the number is used for unauthorized transactions, you aren’t liable for those transactions so long as you report them within 60 days of the statement being sent to you.

How long can a merchant hold an authorization?

In the case of debit cards, authorization holds can fall off the account, thus rendering the balance available again, anywhere from one to eight business days after the transaction date, depending on the bank’s policy. In the case of credit cards, holds may last as long as thirty days, depending on the issuing bank.

How long can a transaction stay pending?

A charge can be pending on your account for up to five days. There are several factors that affect how long a pending charge will appear on your credit card. These include when you made the transaction and how long it takes the merchant to process it. Card pre-authorizations may also show on your account for longer.

How long can an authorization last?

An authorization lasts 1-90 days. It will stay until the merchant clears it or it “falls off” your account. When a merchant clears the authorization, it means they’ve completely processed the transaction and received payment.

What is the maximum amount of time a merchant can delay charging a debit card?

Generally speaking it’s 30 days. After that it becomes complicated. If merchants reauthorize after 30 day they could be safe.