bank creditted account by £2K

mad_monkey

hi all,
i have just received a letter from my bank confirming a payment into my account by a person who i dont even know. the payment is for £2,000. i know that this payment must be incorrect but i was wondering where i stand if i withdraw the money - will they expect me to pay it back? it is their mistake. what if i take out the money and put in high interest account. then tell them i pay back in 6months lol.
any advice on how i can turn this to my advantage much appreciated.
this is pretty urgent as i reckon they will try and take the money back tomorrow (monday).

asandwhen

If you took the money out of your account the bank will still take the money tomorrow and make you £2000 overdrawn and then charge you for doing so - I suggest you leave the money there and if they dont take it tomorrow I would contact them and own up.

mad_monkey

hmm. but it is sooooooo tempting to take the money! i mean it is £2K delivered to my a/c!!!
is there nothing that i can do? even though it is their mistake!

vwman_3

mad_monkey wrote:

hi all,
i have just received a letter from my bank confirming a payment into my account by a person who i dont even know. the payment is for £2,000. i know that this payment must be incorrect but i was wondering where i stand if i withdraw the money - will they expect me to pay it back? it is their mistake. what if i take out the money and put in high interest account. then tell them i pay back in 6months lol.
any advice on how i can turn this to my advantage much appreciated.
this is pretty urgent as i reckon they will try and take the money back tomorrow (monday).

Why would you want to turn this £2K deposit which YOU KNOW is not yours to your advantage then............

mad_monkey

??? what do you mean "why do you want to turn this to your advantage?"

erm, because that is human nature? because they rip me off at every point and it seems like some sort of poetic justice that they have just given me a bunch of cash

tommygun

How was this money credited cash or cheque? If it was cheque DO NOT withdraw it!! Also you will be contacted and will not be able to claim ignorance!

vwman_3

You stated in your post ''turn it to my advantage'' I simply ask why, and if its human nature to profit from a mistake, how would you like it if someone had £2k of your money away, I'll bet you would be shouting from the rooftops.

skylight

The bank is not stupid. They will realise their mistake quickly.

And to take something that is not yours is stealing.

Regardless of the ethics of your bank and "because they rip me off at every point" - that makes it worthwhile to drag yourself to their level????

They will remove the money without warning as its not yours. If that leaves you in the red they will charge you for it.

There are countless threads here I have read from people who think its right to take money thats not theirs. I don't normally post on this board, but if you are just looking for a poster to tell you its okay to go ahead and take the cash, you are in the wrong place.

mad_monkey

ok, ok, i get the point.

just hoping to cash in. lol
thanks for all your replies and keeping me honest

Noozan

So........if it was your £2000 that had been accidentally deposited into someone else's account, how would you feel if you had to wait 6 months to get it back because that someone else decided to "use it to their advantage"?

sublime

charlotte664 wrote:

They will remove the money without warning as its not yours. If that leaves you in the red they will charge you for it.

I believe this is pure speculation because the amount of money a bank could make using tis scam would be unreal. Think about it. Credit an account with 105% of what's in the holders account at the moment. When the person withdraws the 'credited' money, they'll withdraw the money back and uh-oh, they're well into the red.

I think the £2000 is yours and you should take it and run. It's not stealing from another person because they (the person whos money it should be) will still get the £2000, but it will be coming out of the banks back pocket.

It's just a minor inconvenience for the person, but reguardless of this, they will still need to report the missing money before the bank gives it back (afterall it can be anyones). And I'd imagine the bank would just pay off the mistake, and then chase the money up after, so again you're not withhoding money from another person so you can't feel sorry on moral grounds i.e. 'what if the person was in debt and the 2000 was paying off the debt and putting them into the clear. But now they've been blacklisted etc. etc.'. Don't think of worst case scenarios because it's happened and their situation won't change no matter what you do.