Good Samaritan finds man's wallet... & gets in touch with him via four 1p bank transfers - MSE News

dekaspace

Meanwhile last week I found a expensive phone, tracked down the owner got a quick "thanks" and no social media tweets about it!

MovingForwards

dekaspace wrote: »

Meanwhile last week I found a expensive phone, tracked down the owner got a quick "thanks" and no social media tweets about it!

All I got was a 'can you drop it round to mine, put it through the letterbox as I'm out'!

Flobberchops

dekaspace wrote: »

Meanwhile last week I found a expensive phone, tracked down the owner got a quick "thanks" and no social media tweets about it!

I once found an iPhone, and while I was trying to trace the owner got two inbound calls from two different women, both claiming to be the guy's other half. I met up with him to return the phone the following day and he was the most unassuming, average, middle aged bloke you could picture. I didn't mention any of that to him, but some people have all the fun, apparently.

nyermen

EarthBoy wrote: »

With every other bank it probably does, but not if the destination account is Nationwide, it doesn't. They let you input a payment reference when sending a payment, but they don't show them for payments received. I've been with Nationwide for 30 years, and it's my biggest bugbear with them.

Indeed - applicable to all building societies I think, who aren't clearing banks. They probably use the normal reference field to identify the customer account. Presumably for Nationwide, the account number and sortcode are just a nostro/vostro style account at a clearing bank, with the reference required for Nationwide to work out the customer.
If only FPS used the richer ISO20022 communication rather than 8583 (wasn't 1987 when it came in?) then I think multiple references could be supported.

zerog

nyermen wrote: »

Indeed - applicable to all building societies I think, who aren't clearing banks. They probably use the normal reference field to identify the customer account. Presumably for Nationwide, the account number and sortcode are just a nostro/vostro style account at a clearing bank, with the reference required for Nationwide to work out the customer.
If only FPS used the richer ISO20022 communication rather than 8583 (wasn't 1987 when it came in?) then I think multiple references could be supported.

Every nationwide current account has its own full 8-digit account number, although nationwide only have a few sort codes which are not based on a branch. So for example 070246 12345678 and 070436 87654321. But it seems that if you hold the first account, you can send to the second account just by entering 87654321 as the destination and no sort code, even if the owner is a different person.

They should be able to display the reference field, but they don't.

Some older savings accounts had a Nationwide-specific account number such as 33458240985/3454 but these didn't support FP/BACS at all, at least outgoing (maybe there was one account number for incoming FP/BACS where you had to specify the internal number in the reference field).

EarthBoy

nyermen wrote: »

Indeed - applicable to all building societies I think, who aren't clearing banks.

Nationwide is a clearing bank; they clear their own payments.

zerog wrote: »

They should be able to display the reference field, but they don't.

Correct. They've just got a rubbish computer system.

born_again

Anyone else think. Why did he simply not ring the bank of the card he found....

Yes they would not tell him the customers details, but they could at least of allowed the wallet owner to contact the finder.

jonesMUFCforever

EarthBoy wrote: »

Nationwide is a clearing bank; they clear their own payments.



Correct. They've just got a rubbish computer system.

Sorry but I have to disagree - they are a building society who happen to be members of the clearing system.

NightStar

18 characters is so restrictive and you cannot use most symbols.
Decrepit old banking system we have in 2019.

EarthBoy

EarthBoy wrote: »

Nationwide is a clearing bank; they clear their own payments.

jonesMUFCforever wrote: »

Sorry but I have to disagree - they are a building society who happen to be members of the clearing system.

Yes, but for all intents and purposes that's the same thing.