NFT Main Disbursement credits to bank account

My father (81) has recently had 3 separate credits to his bank account made by NFT Main Disbursement. He went to his bank but they had no idea where the credits were from.

I searched the forum and found an old thread in 2020 saying this was something to do with PPI but can’t find anything recent. The amounts credited are small amounts totalling £55.

Has anyone else had similar or has any idea what this could be. My father is concerned about this and is keeping the money in his account but is worried someone he doesn’t know has his details.

Comments

  • Nasqueron
    Nasqueron Posts: 10,412 Forumite
    Tenth Anniversary 10,000 Posts Photogenic Name Dropper
    edited 15 July 2024 at 1:21PM
    I saw a thread on Reddit about this last night, someone had the same into HSBC - it relates to Newday, there is an MSE thread on this back in 2020 when PPI was ongoing - it's almost certainly that

    https://forums.moneysavingexpert.com/discussion/6143205/

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • born_again
    born_again Posts: 19,352 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Would seem odd that PPI payments were still ongoing. Usually a one off payment.

    https://www.netspend.com/blog/what-is-an-NFT
    Life in the slow lane
  • Nasqueron
    Nasqueron Posts: 10,412 Forumite
    Tenth Anniversary 10,000 Posts Photogenic Name Dropper
    Would seem odd that PPI payments were still ongoing. Usually a one off payment.

    https://www.netspend.com/blog/what-is-an-NFT
    They do periodically review things, maybe some are still ongoing and they spotted something, maybe a CSA made a mistake or they paid out less (say the Plevin ones) and decided to pay the balance. It could be other things of course perhaps an interest error where they overcharged or missed some paperwork so couldn't charge it for a period etc

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • Like a number of people, I also seem to have benefited from someone putting money into my account and by a strange coincidence the amount comes to £55.   Will that be the end of the matter?

  • Nasqueron
    Nasqueron Posts: 10,412 Forumite
    Tenth Anniversary 10,000 Posts Photogenic Name Dropper
    Like a number of people, I also seem to have benefited from someone putting money into my account and by a strange coincidence the amount comes to £55.   Will that be the end of the matter?

    As with OP, you'll likely get a letter in a few days explaining the details, no idea why they cannot email these things now (and amend any legislation that requires bloomin' snail mail in this day and age or at least allow us to opt out so we don't need reams of useless paper sent out rather than an instant email)

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

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