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wrong payment into my bank?

ive been battling with highway insurance for a refund on a 4x4 i sold , i canceled the policy and they took an extra £95 off me to end the policy , i contacted finnancial ombusmann and they get in touch with them and told them to repay me in full , i had to ring them about 5 times in a week , they finally agreed to pay me by bacs straght into my account , but yesterday they rung me and said instead of the £95 they had paid me £1525 in to my account can i pay it back , they would give me an extra £20 for my trouble , he wants me to switch it back , daft question but can i keep it , lol

Comments

  • samjef11_2
    samjef11_2 Posts: 454 Forumite
    jamesey wrote: »
    ive been battling with highway insurance for a refund on a 4x4 i sold , i canceled the policy and they took an extra £95 off me to end the policy , i contacted finnancial ombusmann and they get in touch with them and told them to repay me in full , i had to ring them about 5 times in a week , they finally agreed to pay me by bacs straght into my account , but yesterday they rung me and said instead of the £95 they had paid me £1525 in to my account can i pay it back , they would give me an extra £20 for my trouble , he wants me to switch it back , daft question but can i keep it , lol
    Well no because if they sent you the extra money in an error they wouldd instead they could get thier bank to try and collect the funds or get the police involved and you keeping it would be a crime if you don't pay them back.
  • welshmoneylover
    welshmoneylover Posts: 3,324 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    jamesey wrote: »
    ive been battling with highway insurance for a refund on a 4x4 i sold , i canceled the policy and they took an extra £95 off me to end the policy , i contacted finnancial ombusmann and they get in touch with them and told them to repay me in full , i had to ring them about 5 times in a week , they finally agreed to pay me by bacs straght into my account , but yesterday they rung me and said instead of the £95 they had paid me £1525 in to my account can i pay it back , they would give me an extra £20 for my trouble , he wants me to switch it back , daft question but can i keep it , lol

    NO and under no circumstances withdraw the money from your bank account. It would be seen as theft and the old bill might get involved.

    Pay it back, its not worth the aggro.
    Be happy, it's the greatest wealth :)
  • samjef11_2
    samjef11_2 Posts: 454 Forumite
    NO and under no circumstances withdraw the money from your bank account. It would be seen as theft and the old bill might get involved.

    Pay it back, its not worth the aggro.
    Also you could be taken to court too.
  • jamesey
    jamesey Posts: 144 Forumite
    ok ill bac it back minus the £20 he said i could have for the incon , thanks
  • samjef11_2
    samjef11_2 Posts: 454 Forumite
    jamesey wrote: »
    ok ill bac it back minus the £20 he said i could have for the incon , thanks
    Yep if ask why the £20 has been taken just explain why.
  • ERICS_MUM
    ERICS_MUM Posts: 3,579 Forumite
    Part of the Furniture 1,000 Posts
    get something in writing about the £20 compo, in case they "forget" telling you.
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