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Returning an unwanted gift of cash

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  • Sea_Shell
    Sea_Shell Posts: 10,030 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    It hasn't happened.. yet!! I was just curious as to how to return money if.

    Basically an ongoing discussion over the 'principal' of some money (not the amount) which, knowing what they're like, could result in a "well have the bl**dy money then" and in a fit of pique they make a transfer.
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • JuicyJesus
    JuicyJesus Posts: 3,831 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Call your bank and ask them to return the money. They will have the details to send it back to.
    urs sinserly,
    ~~joosy jeezus~~
  • xylophone
    xylophone Posts: 45,628 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Basically an ongoing discussion over the 'principal' of some money

    Do you mean that you have made them a loan and you don't want it repaid?
  • lisyloo
    lisyloo Posts: 30,077 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I think that’s meant to be principle not principal.
  • Sea_Shell
    Sea_Shell Posts: 10,030 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    Yes, principle, predictive text fail!!!!
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • Mistral001
    Mistral001 Posts: 5,430 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    It looks like this is a case of the OP discussing their financial difficulties with their family without considering the possible consequences of doing that. One of those consequences is an offer to lend or give money.


    Through experience, I would avoid if possible getting family members involved in your financial situation.
  • Sea_Shell
    Sea_Shell Posts: 10,030 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    It is a complicated family finance situation, but I can assure you it's not my financial stability that's in question, it's the rest of them!!!
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • robatwork
    robatwork Posts: 7,268 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    As this is hypothetical anyway, why not take a preemptive strike and transfer the identical amount this person was going to give you to this person?

    Then they can gift it to you, everyone's back where they were and feelings are sated.
  • iammumtoone
    iammumtoone Posts: 6,377 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper I've been Money Tipped!
    Sea_Shell wrote: »
    It hasn't happened.. yet!! I was just curious as to how to return money if.

    Basically an ongoing discussion over the 'principal' of some money (not the amount) which, knowing what they're like, could result in a "well have the bl**dy money then" and in a fit of pique they make a transfer.


    Do they know your bank account details?


    If yes, a bit drastic but depends how much you want to avoid this situation, you could change your bank/and or account details.
  • davethorp
    davethorp Posts: 1,578 Forumite
    Part of the Furniture 1,000 Posts
    If you don’t want it, I’ll happily take it off your hands
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