Help Needed

AlexMetz

I have just received a letter from my bank saying that someone has accidently paid money into my account. They asked if I can sign a debit authority form or something like that so that they can get the money back to that person. They also say that if I dont have enough money in my account that they will pass my details over to him so he/she can contact me directly. Now, obviously I dont want them to give my personal details to this person plus I dont have the funds available to return the money that was accidently put in my account. What should I do? Is there anything legal about this? Is there any laws or legal way to stop this or prevent it?? :mad::mad::mad::mad::mad:

Archi_Bald

You have spent someone else's money. You need to return it because it is not yours. If you don't return it, the other person can take you to court.

JuicyJesus

Archi_Bald wrote: »

You have spent someone else's money. You need to return it because it is not yours. If you don't return it, the other person can take you to court.

Pretty much this.

Anthorn

Debateable.

As far as I know it's covered by the Theft Act 1968. If to the best of your knowledge and belief you know a credit is wrong and you do not take steps to cancel the credit.

In that it covers dishonesty which is theft.

However I don't think it covers a refund of a credit which to the best of your knowledge and belief you did not know was wrong and which you spent. In short you spent money which you believed to be yours. But you can't really argue that you spent it because you did not know about the credit.

Hominu

AlexMetz wrote: »

What should I do? Is there anything legal about this? Is there any laws or legal way to stop this or prevent it?? :mad::mad::mad::mad::mad:

How much are we talking here? If it's a significant sum then you really should have noticed the credit and asked the bank where it came from. If it's a smaller sum then granted, you may have missed it, but you still need to pay it back.

The legality is that if the sum is a sizeable amount and you refuse to pay it back, the other customer can take you to court to claim the funds back plus expenses.

The best way would therefore be to contact the bank and state that you didn't notice the funds and that since you can't afford the whole amount, you will agree to so much per week until the funds have been completely repaid.

opinions4u

They can only pass your details on if you authorise them to do so.

But start talking to them. You owe this money. Work out how you're going to repay it.

AlexMetz

I am not happy to disclose how much it was for but it wasn't for 1000's it was for a few hundred pounds.

Archi_Bald

So a substantial amount of money.

How would you feel if someone stole a few hundred pounds from you?

AlexMetz

Archi_Bald wrote: »

So a substantial amount of money.

How would you feel if someone stole a few hundred pounds from you?

Well, I didnt steal it. The person who transferred put it into the wrong account.

agrinnall

AlexMetz wrote: »

Well, I didnt steal it. The person who transferred put it into the wrong account.

Yes, and you spent it knowing it wasn't yours. Stop trying to get out of your responsibility to repay it and start talking to your bank about an acceptable way of doing it.

bengal-stripe

Archi_Bald wrote: »

So a substantial amount of money.

How would you feel..............

How would you feel if you had made an error with the account number and you had sent some person a substantial amount of money?

Would you want it back?