unknown payment into bank account

paulsad

Its mine please send it me back ... in cash in a brown paper bag would be nice

Suarez

Clear the account with all the monies and close it

Gromitt

pqrdef wrote: »

I don't really believe that nothing can be done.

The only thing you need to do is inform the bank.

pqrdef wrote: »

An unwanted payment could be incriminating or have other unfortunate consequences.

But as you have already said "This isn't mine. I don't know what it is. I don't want it.", its then upto the bank to investigate and decide what to do. Leaving it in the account is the best way to deal with it in most cases. If the police get involved then you've not touched the funds and are happy to let them do whatever they like with it.

The worst thing you could do is spend it and not inform the bank about it. It could then be claimed that you knew you were expecting it.

Suarez wrote: »

Clear the account with all the monies and close it

and if its from criminal proceeds, the bank has your name and address and the police will be breaking down your front door to arrest you.

xylophone

I would write to your bank explaining that you do not believe this money to be yours and asking for the source of the funds to be traced.

dalesrider

pqrdef wrote: »

I don't really believe that nothing can be done. An unwanted payment could be incriminating or have other unfortunate consequences. It's ludicrous that there would be no way of simply rejecting it and having it returned where it came from.

.

That is the joys of faster payments. Has to be approved in 15 seconds, by the recieving bank.

Op, not used any referal sites that give cashback?

TheBanker

The bank can return payments. If the staff member tells you they cannot, ask to speak to their manager. In fact if the bank is informed of an error they are obliged to take steps to rectify it. I am not suggesting you have any right to keep the money but if the bank say they can't do anything you have a potential "change of position" defence if you do believe that the money must be yours.

Have a read here: http://www.financial-ombudsman.org.uk/publications/ombudsman-news/87/87-banking-complaints.htm

chambta

Would it be a breach of the DPA to give the sortcode and account number of a payment received to a customer?

dalesrider

chambta wrote: »

Would it be a breach of the DPA to give the sortcode and account number of a payment received to a customer?

Yes.

But they do not need to. As it will not mean anything to them.

chambta

dalesrider wrote: »

Yes.

But they do not need to. As it will not mean anything to them.

No. But they could send a FP straight back to it.

Is there no grey area there around the DPA?

System

I use cashback sites but never spent this much internet shopping never mind reclaiming cash back!!
The bank did say that they could have refunded/returned the payment if it was made from one of their accounts but because the transaction looks to be correct and from a different bank they can't return it, I'll phone again tomorrow and see if I can speak to a manager...
Cheers