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Money transferred to wrong account, bank won't pay it back.

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  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    bpm wrote: »
    Under the terms and condition of any bank account a bank can withdraw money paid in if believed to be mistaken or fraudulent, it does not matter how this money was transferred or in what way. With HSBC it is section 26.7.3, youll have to check for your own bank.


    They might not be too keen if the account was overdrawn and they were struggling to get repayment.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
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