Can processing fees be refunded if a transaction is cancelled or failed?

Yes, in some cases processing fees can be refunded if a transaction is cancelled or failed. However, this can vary depending on the financial institution or service provider involved and their specific policies. It is important to read the terms and conditions carefully before making any transaction or entering into a loan agreement to understand the processing fees and their refund policies. In general, it is recommended to clarify any doubts or questions with the financial institution or service provider to avoid any confusion or misunderstandings.