Cashier error - what would happen?

mdb99jh

Something interesting happened today. I paid in a couple of cheques down at my bank and the cashier added them up incorrectly. He actually put the total as £10 more than it was.:beer:
I noticed and told him (being honest) and he thanked me and changed it to the correct total.:rolleyes:
I was wondering though, what would have happened if I hadn't noticed? Would I have got an extra £10 in my account (presumably from the bank) or would the whole transaction have failed, or would the correct figure have gone through eventually anyway?

oldagetraveller

I suspect that you would have had a £10 bonus in your account until the discrepancy was found, which I'm sure it would somewhere along the way.
No doubt the bank would have recovered their £10 whether it took your account into the red or not, what action would have been taken against you, I don't know, maybe for a coparitively small amount maybe nothing - but? I doubt ignorance as an excuse would be accepted. You probably did the right thing though, which deserves credit. Honesty is usually the best course of action.

skintarooney

At the end of the day, the cashier would have had to total up his cheques. This would have been compared to the total he input onto the system.

The error would have been found at the end of business that day, it would have been corrected and you would have had a letter to state what happened.

Hope that helps, I used to work in a bank and this was the procedure we followed!

anniecave

skintarooney wrote:

At the end of the day, the cashier would have had to total up his cheques. This would have been compared to the total he input onto the system.

The error would have been found at the end of business that day, it would have been corrected and you would have had a letter to state what happened.

Hope that helps, I used to work in a bank and this was the procedure we followed!

I would agree with this. I have added up a cheque batch incorrectly a couple of times and it has always been corrected by the time it shows up on the bank statement

regularsaver1

As it was a cheque it would have been found when they banked the cheques
however, if it was cash the poor cashier would have had a cash error and a bad mark on their file if it was not mentioned