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Bank and BACs advice reqd pls
ListysDad
Posts: 312 Forumite
We have defaulted on our old accounts including banks and have a DMP with CCCS via our new Barclays accounts. Unfortunately one of my customers has transferred all her new bathroom deposit to my old account...
As I was £5k OD with them what can I do? I need the money to complete the bathroom and if I can't get it back I don't have any work!!!
HELP!:(
As I was £5k OD with them what can I do? I need the money to complete the bathroom and if I can't get it back I don't have any work!!!
HELP!:(
:whistle: All together now, "Always look on the bright side of life..." :whistle:
0
Comments
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Is it worth phoning CCCS for advice? I'm sorry I can't help more than that; I'm new here myself and just learning. I hope you get it sorted.SPC - Number 14250
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No. Have tried them and all they say is call the bank.
I don't feel its sensible to call my old bank as I would imagine if they get wind it's for me they'll simply rub their hands in glee...
My thought is that it's going to be best if the customer just plays is safe and says they made a typo and its ended up in the wrong place pleading ignorance as to where it ended up!:whistle: All together now, "Always look on the bright side of life..." :whistle:0 -
The onus would be on the sender to play dumb and attempt to get the money back from the receiving bank stating the payment was sent in error.
However it can be along drawn out process if the bank are willing to help...... As its at the discretion of the receiving bank to send it back etc.
Was the payment sent by BACS or FP? (if sent by BACS when was it sent)Im an ex employee RBS GroupHowever Any Opinion Given On MSE Is Strictly My Own0 -
It was sent via BACs. I was going to advise them to simply say it was a typo when entering the information!
I agree they must play dumb tho.
How long might it take?
I thought is was illeagal to keep funds incorrect credits?:whistle: All together now, "Always look on the bright side of life..." :whistle:0 -
It was sent via BACs. I was going to advise them to simply say it was a typo when entering the information!
I agree they must play dumb tho.
How long might it take?
I thought is was illeagal to keep funds incorrect credits?
When was it sent via BACS?
It could take weeks or even months the banks are not obliged to help either im sorry to say.... Its a kind of tough cookie if its been sent in error.Im an ex employee RBS GroupHowever Any Opinion Given On MSE Is Strictly My Own0 -
sent 27th Nov
Does that mean we've 'lost' it?:whistle: All together now, "Always look on the bright side of life..." :whistle:0 -
sent 27th Nov
Does that mean we've 'lost' it?
Yes it looks like im sorry to say BACS payments can be recalled within 2 days of them being sent. However to much time has elapsed now to explore that avenue.
You will have to ask the sender of the funds to contact there bank to try and retrieve the money from the recipient.Im an ex employee RBS GroupHowever Any Opinion Given On MSE Is Strictly My Own0 -
Possibly, as the bank would have used the money to reduce your overdraft.0
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