If the payment order is cancelled or amended, the beneficiary's bank is entitled to recover from the beneficiary any amount paid to the beneficiary to the extent allowed by the law governing mistake and restitution.
That is a duplicate of a payment order previously issued by the sender;
That orders payment to a beneficiary not entitled to receive payment from the originator; or
That orders payment in an amount greater than the amount the beneficiary was entitled to receive from the originator.
Structure 2021 Tennessee Code
Title 47 - Commercial Instruments and Transactions
Part 2 - Issue and Acceptance of Payment Order
§ 47-4A-201. Security Procedure
§ 47-4A-202. Authorized and Verified Payment Orders
§ 47-4A-203. Unenforceability of Certain Verified Payment Orders
§ 47-4A-205. Erroneous Payment Orders
§ 47-4A-207. Misdescription of Beneficiary
§ 47-4A-209. Acceptance of Payment Order
§ 47-4A-210. Rejection of Payment Order
§ 47-4A-211. Cancellation and Amendment of Payment Order
§ 47-4A-212. Liability and Duty of Receiving Bank Regarding Unaccepted Payment Order