CATHOLIC PRIEST!!
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Once the bank discovers the error they would debit your account back. So if you take it out you would have an overdraft when they take it out.
Ps...you meant balance..right? |
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mikey
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despite all the myths....they'll make you pay it back. I guarantee it. |
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toietmoi
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Look, You will never get away with it. Besides its wrong. |
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quierounvaquero
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It is legally considered theft to take money that itsn't rightfully yours. If you have been overpaid or money has got into your account by mistake, you should notify the bank of it and do not touch the money. You can get seven years for theft under S.7 Theft Act 1968, I wouldn't recommend withdrawing any of it. |
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bambam
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They will take it back, no questions asked! |
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Health Freak
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You can withdraw it if you so wish but it will take about a month for the bank to cotton on as the area manager will want to see the audits and see if the money adds up, cheques, BACS payments etc.
Call the bank, ask them where it came from, so it shows them, later that you were enquiring about it as the calls are recorded. |
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NJP
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Take it out - and keep it somewhere safe. Don't spend it yet.
Give them 6 months to notice they're mistake, then blow it on something gorgeous!
Or to be really dishonest, take it out, close your account and open another with a different bank! |
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Ken
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They will collect it as a debt. |
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Brown Suga
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Nothing!!!! Get a mini statment from the cash machine. |
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The all seeing all knowing one
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Transfer it to a savings account and let them pay you interest on it, then if they ask for it back you can pay it from that account and you get to keep the interest they have paid you - simple really ! |
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norabone
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Take it out don't spend it and see what happens. Banks rip you off left right and centre don't pass up the chance to get some back!!!. |
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Only out of this world
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nothing will happen.......it's not your fault..........they can't make you pay for something that is not your fault...just to make sure, go to your banks website and find out......... |
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Ashy50
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I would phone the bank and ask them what it is for. That happened to my brother once the bank had done a mistake with hundreds of loans where they charged too much interest so had to give a credit to all. So it could be anything!! Check it out!! |
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Hibee
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Put it somewhere where it will earn interest, and wait. |
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ag
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you will have to pay it back as i did in this situation although i was unaware that it wasn't mine and spent the money i was able to repay the money in monthly instalments because the bank admitted it was there mistake but they also said that i should have known it wasn't mine it was for this reason that we were able to come to a compromise of monthly payments. |
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xrazberix
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i would call your branch and ask them to check thier BACS report for the day of the credit it and tell you as much info as they can about where it came from.
is it a dividend or cash on shares u own?
have you overpaid a loan/mortgage and owed money back (this can come back)
how did the payment come into your accout
BACS - Bank acutomated credit ( this is the normal way any electronic payment would come in, like wages etc)
CHAPS - same day transfer
ITL - international is it from abroad?
do you know the company name who paid it in? is there a reference.
is it interest (ie annual interest?)
maybe somone has entered a wrong digit in a transfer and its come to your account by accident.
your bank should write to you and advise that they have rec'd notification that u have been credited in error and that they are going to debit your account in x amount of days and they cannot intentionally make you overdrawn,
ifs its ot yours u WILL have to pay it back.
hope that helps |
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Benji_13
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you will be asked (or told) to pay it back |
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David T
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No question they are not fair and do not care.
They will just take £430 from your account regardless of the balance.
If it makes you overdrawn they will charge interest, send you a letter telling you and charge you £25.
They'll then return bills unpaid and charge you a further £25. Your utility companies will then send you a letter saying the bank has refussed payment and they'll charge you £25.
LIFES CRAP AND BANKS ARE SHITE.
Have a nice day. |
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jlauren0923
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For the love of money...DON'T TAKE IT.... no really all joking aside it will bite you in the bum later. I'd contact the bank to find the error and resolve the issue. GOOD LUCK ;) |
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Canute
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It depends whether this is some sort of computer error etc which the bank is entitled to amend.
If, however, a third party has paid it into your account, the bank cannot interfere. They are not in a position to judge whether it was a mistake or not. It would be up to the 3rd party to claim it back.
ozangel is completely wrong. There is no question of a prosecution.
I am a former bank employee |
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the_falcon_1987
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Using The Current Rate Of Exchange of 1 GBP = 1.87609 USD £430 would be $806.72.
Anyway personaly i would leav it in the bank, they will probly find out and take the money back one way or another, however while in the bank it will collect intrest, which the bank cannot take.
Well thaqts what i would do anyway, you could take it out but when the bank finds out, bam your in the overdraft. |
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tata brada
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take it to find out!
how can you be blame! |
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Mary O
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Take out £500.00 and put it in a high interest account, they may discover their error or they may not. If they have not discovered it within 12 months they are unlikely to ever discover it. People make mistakes all the time, you are one of the lucky ones whereby the mistake was a credit on your account more often it is a debit !!
Also remembering that after the 12 months this 'free' money is yours, please remember to pay the favour onwards and give a few pounds of it to a charity. |
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Baby
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you will have to pay back all pulse.nb |
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FIONA S
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they will ask you for it back, |
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Mya
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Probably. I'd wait a year before touching it....they will probably find out about it before then...if not by then...then it's yours probably. |
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sealife8
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yes you will have to pay it back. leave it there, they will find out the mistake was made. |
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OzAngel
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You'll have to pay it back immediately and might face prosecution if you're unable to. |
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intelligent_observer
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As you obviously know it is not yours then you should inform the bank. Anything else is morally wrong, and possibly illegal. This is a basic right and wrong question. I'm concerned you have to seek advice on the correct way to behave. |
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Maximus
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1) Are you sure it is not already YOUR money, check the source of the payment...
2) Take the money out and dont spend any for a week, then see if the bank gets in touch with you
3) which is likely if they reclaim the money, putting your account in to overdraft... if that happens - then pay the money (that you didn't spend! ) back in to the account
btw, i dont think you can get in trouble for taking money out of your own bank account, but knowing that you got a credit that wasn't due to you and then withdrawing it could be a different matter?
Cindy ^^ £430 pounds weighs about the same as $645 !!!
or only 195 Kilogrammes in europe. |
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t3h1
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Its mine I would like it back please.
Thanks. |
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