📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Bank Error - In My Favour

This afternoon i took a load of cheques to the nationwide to pay into my flexaccount.
It wasnt until i got home and looked at the reciept that it said i had deposited £475.05. Knowing that wasnt right i checked ebay to see how much they had actually been for and it was exactly £201 less than what they had credited to my account :confused:

Just wondering what happens now? Will they realise their mistake? Will they request it back? Will they take it without telling me first?
Obviously with them being cheques they wont clear until next week anyway so i cant go out and spend the money as much as id like to :rotfl: Though i was just wondering how it worked and what they would do :confused:
The Only Thing Men Can Do Right Is Get Everything Wrong :D
Anyone Care To Prove Me Right? :D
«1

Comments

  • they should reconcile their accounts shortly and find the error. where you stand i dont know.
  • sali_mali
    sali_mali Posts: 1,967 Forumite
    Spend it quick then change your name! :rotfl:
    Total abstinence is so excellent a thing that it cannot be carried to too great an extent. In my passion for it I even carry it so far as to totally abstain from total abstinence itself. Oscar Wilde
  • Dan29
    Dan29 Posts: 4,767 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    essexhoney wrote:
    Will they realise their mistake?

    Almost certainly.
    essexhoney wrote:
    Will they request it back? Will they take it without telling me first?

    If it was a company that had sent too much money into your account they'd probably have to ask for it back, but as it's your own bank, they may well just take it without asking or telling you.

    Whatever you do don't spend it as if they take it back and you go overdrawn, they could penalise you.
    .
  • Dan29
    Dan29 Posts: 4,767 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    sali_mali wrote:
    Spend it quick then change your name! :rotfl:

    sali_mali drwg! :grin:
    .
  • sali_mali
    sali_mali Posts: 1,967 Forumite
    Tee hee :D

    Off topic i'm sorry but I'm in Cardiff too Dan! :hello:
    Total abstinence is so excellent a thing that it cannot be carried to too great an extent. In my passion for it I even carry it so far as to totally abstain from total abstinence itself. Oscar Wilde
  • oldwiring
    oldwiring Posts: 2,452 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    There is much on this forum about claiming what is rightfully yours. The money in question in this thread is not rightfully that of the OP. The moral thing for the OP and any other person in a similar situation is to inform the bank immediately. Te fact that banks may be greedy amoral or whatever does not alter that moral duty. In fact I wonder if keeping it with intent would not be an act of theft. TBH if someone got away with it and a bank relaised severaal months after and debited the account into unauthorised overdraft, so giving rise to charges, I would have no sympathy whatsoever.
  • essexhoney
    essexhoney Posts: 2,880 Forumite
    1,000 Posts Combo Breaker
    sali_mali wrote:
    Spend it quick then change your name! :rotfl:

    :rotfl: :rotfl: :rotfl: :rotfl:

    oldwiring - i had no intention of spending it i just wondered what happened next and if there was anything i needed to do, i think you will find that sali_mali was joking :rolleyes:

    Anyways, have just checked my bank account this morning and they have rectified their mistake so it seems i dont need to worry at all as they have obviously realised their mistake and corrected it :)
    The Only Thing Men Can Do Right Is Get Everything Wrong :D
    Anyone Care To Prove Me Right? :D
  • oldwiring
    oldwiring Posts: 2,452 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    essexhoney wrote:
    :rotfl: :rotfl: :rotfl: :rotfl:

    oldwiring - i had no intention of spending it i just wondered what happened next and if there was anything i needed to do, i think you will find that sali_mali was joking :rolleyes:

    Anyways, have just checked my bank account this morning and they have rectified their mistake so it seems i dont need to worry at all as they have obviously realised their mistake and corrected it :)
    Interesting boardname; I hailed from Essex before my part became absorbed in to London Borough of Havering. Sorry I jad no intention of slating you. It was the siller comments that followed the OP that got me. It's my crotvhety old age you know:D
  • essexhoney
    essexhoney Posts: 2,880 Forumite
    1,000 Posts Combo Breaker
    No problem ;)
    The Only Thing Men Can Do Right Is Get Everything Wrong :D
    Anyone Care To Prove Me Right? :D
  • oldwiring wrote:
    Interesting boardname; I hailed from Essex before my part became absorbed in to London Borough of Havering. Sorry I jad no intention of slating you. It was the siller comments that followed the OP that got me. It's my crotvhety old age you know:D

    It's been noticed lol, no offence mean't, i inted to start being crotchety early lol
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.4K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.4K Work, Benefits & Business
  • 599.7K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.