xenobyte72
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I don't trust banks, if you tell them they will probably take it back off you wether its yours or not. I would withdraw it, put it into another bank account at another bank, or even just a safety deposit box. And wait for the bank to query it. If they do within 12 months then ask for an explanation, complain, then give it back. If they don't, invest it whatever way you see fit.
I have no legal qualification, I just consider this justice for the way banks treat their customers. It happened to me once but the money had disappeared before I figured out what I should do with it. Anyway, if you don't want to get into trouble, speak to someone who is qualified in this field. |
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korbbec
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Legally it is not your money. Don't spend it and tell the bank or you could end up in trouble. |
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Barking mad
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REPORT it to your bank. This could be the start of a scam, usually done by Nigerians operating from Spain.The reply from 'girl who knows' above is completely wrong, ignore. |
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LINDA P
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go spend it xxxx |
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CeeVee
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Put it into a high interest account straight away.
If you have to pay it back you should stiil be able to hang onto the interest. |
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barmyowlscoo
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Tell the bank and don't spend any of it ,as soon as they realise the mistake they will take it right back (but if they owed you money you would have to wait) |
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paula p
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I would inform the bank they could have deposited the money into your account in error, your honesty may get you a reward, and if the money is yours and someone has been generous at least you will have a clear conscience |
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frugernity
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If the money was deposited into your account in error you do not have a right to keep the money but neither do you have a legal obligation to point out the error.
Personally I'd keep my mouth shut and see if the bank figures it out in the next year or so. If not. I'd spend it. |
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Ethereal
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If you dont know the origin of the money or your claim to it, then you cannot legally claim it as yours (its akin to finding a wallet full of money on the street) and whilst you dont have to report it to the bank, if you were to in any way use it without knowing the origin then you could be said to have committed an offence of 'theft by finding'. The bank will be able to check who/when/how it was credited and who therefore owns it. I hope it's yours legally though, good luck!! |
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KB
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You need to talk to the bank to see if the can help you track down the depositor.
DON'T SPEND THIS MONEY. it could be an error on the part of the bank, that they will rectify and take the money back OUT.
If it is NOT, they can help determine if this is legitimate money (did your mom do it? a late paycheck? a refund check in direct deposit?)
OR they may help you determine that your ID has been stolen and the idiot who stole it GAVE you money instead of took it. Regardless, you need to make sure it isn't a bank error, or fraudelent activity before you act like it is yours just because it is in your account. |
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lisa m
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ooh the dishonest thing to do would be to spend spend spend. but reallistically..someone has made a mistake..so dont spend spend spend...because the bank might ask for it back....just spend it in your mind..not as much fun...not unless you have a secret admirer somewhere...ooh how exciting...but no probably bank...oh well !!! |
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Lizzy Z
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Better find out where it came from. Best to check with the bank before you spend it. They may catch their mistake and make you pay iy back. If it's gone you will be sorry. |
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t3h1
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Leave it in for a couple of weeks if its still there then spend it. |
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nana4dakids
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I have done this many times for my children and just not told them it was from me. I acted just as surprised as they did when they tell me. It could be that someone has done this for you or it could be a banking error. You need to contact the bank and find out if it is an error. If it isn't then the money is yours. |
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redandme1997
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u need to talk to your bank and see what is going on some one did that to me and i got sued for not telling them |
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mojo jo jo
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Well it sounds great, but it isn't your money, and the person who did it will need it, so i think it is the honest thing to do to tell your bank and they will be able to trace it... hey you might find out that it was actually a gift to you, but unless you really know that it is your money, you won't get any real joy from spending someone elses cash. If you had accidently credited cash to someone elses account think how you would feel when they owned up and got it back to you.
I am sure you will do the right thing. |
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getithowyouwantit
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be happy ...just for a while the bank will no something went wrong so dont spend it your be made to pay it back. call your bank and see whats going on,if you had found the money it would be something else.but the bank makes mistakes also,so dont be no fool |
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butterflykisses427
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Call your bank and tell them the error. It is not your money and it is technically theft if you spend what is not yours. Also once the owner does tell the bank about the error and they go and pull the money out of your account you could be screwed over financially if the money is not there. Just because something is accidentally put in your reach doesn't make it yours. If someone left their coat in your house it doesn't make it yours.
This is more of a ethical problem than a legal. IMO you are trying to find someone to justify you keeping money that is not yours. Ethically you should tell them bank the error. |
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hondanut
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it is a computer error..also known as finger trouble. it happened to me but i got £120000 credited,i did a transfer to a new savings acct,it took the bank 10 months to ask me for it ..i gave it back minus the interest..(they let me keep it too!!) COOL!!!!it was hard not to resist spending it though!!bloody hard!! |
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'Dr Greene'
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Leave it be and see what happens. They might spot the mistake, they might not.
Girl who knows - Don't confuse issues! 'Technically' nothing! From the banks point of view it is credited as it has increased their Liability to their customers. Their stock of cash is debited.
Stop splitting hairs! |
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Geoff B
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It is very unlikely you will be able to convince the bank you didn't know it was someone else's money, particularly if it is not consistent with your lifestyle / normal banking transaction credits. Do yourself a favour and tell the bank ASAP |
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thiam
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trust me. It your long lost uncle!!! he put it into your bank. be thankful to God for the good fortune. hope he will put more the next time round!!!. |
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qai5er
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Don't spend it! A bank can legally recover the money from you once the error has been discovered. Inform your bank immediately. I work in a bank myself and quite often this sort of credit is something that the customer is owed but has forgotten about (e.g. tax rebate etc). The bank will be able to check beneficiary details and if need be able to place a trace on the credit. Hope that helps. |
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personal_finance_101
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The money is not yours so don't spend it. The bank will discover it eventually and take it back. Best to call them and let them know. |
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Chelsea B
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Inform your bank immediately |
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scooba
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Sounds like a scam. Maybe someone in your household fell for a phishing email.
Definitely contact your bank. |
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Gone fishin'
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It could be a mistake from the bank. You can spend it but if they find their mistake you will be liable to pay it back to the bank! |
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ladydeville
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Wow, well if you dont want it, debit it to my account ;) |
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cfranklinwf
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Enjoy it. |
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DELETE THIS ACCOUNT
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spend it. whats the worst that could happen. |
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styce
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spend it all and run to mexico |
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r.k.ahuja
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In India, such type of wrong credits are legally recoverable with interest from you.It is better return the amount immediately otherwise be ready to pay the interest for utilizing other`s money.generally such mistakes come to fore only when the true owner approaches bank for non crediting of amount. delayedcredits require bank to pay interest to trueowner which is charged to the accounts wrongly credited. Bad luck if the bank approaches court then legal charges are also payable.But please do not rely on advocate who always say you donot worry, pay my fees and I will fight case for you. |
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