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Bank Error Customer Favor


The bank executed bad business practices by accepting such a large check without scrutinizing it at all. A reader writes: "One day last week, one of my granddaughters deposited four checks in an ATM. Or do you declare it as an anonymous "gift" from a rich relative? He needs to pay that bill back. 12-27-2006,02:58 PM #9 cissycicle View Profile View Forum Posts Private Message Senior Member Join Date Apr 2006 Location not sure Posts 526 Re: Bank Check This Out

Forum New Posts FAQ Forum Actions Mark Forums Read Quick Links Today's Posts Advanced Search Forum Consumer Law And Finance Personal Finance And Investment Law Banking: Bank Error In My Favor Search this site Was this article useful? I've been lucky and have had very few, but if you're having to deal with a lot of errors you should complain. A court might also dismiss it as frivolous.

Bank Error In Your Favor

Anyway, you may recall Elizabeth Warren's name from more recent news, as Massachusetts' Democratic candidate for the U.S. The person at the bank refused to give me a definite answer on the validity of the check, telling me,"I can't tell you it's good, but I can't tell you it's See if you're eligible The amazing VA benefits not enough vets are claiming Reverse mortgage: Worth the risk? Banks usually wouldn't even know there's an error like this unless the person who's missing the money tells them.* It's a little hard to describe if you don't have any experience

Knowitall View Profile View Forum Posts Senior Member Join Date Sep 2005 Location Behind a Desk Posts 86,985 Re: Bank error in my favor While it is possible that for some Why shouldn't they pay for his attorney to figure out what the hell he's supposed to do? permalinkembedsaveparentgive gold[–]boathole 20 points21 points22 points 1 year ago(4 children)If you do manage to successfully jump through all the hoops and are able to claim the money as abandoned in a few years, Bank Error In Your Favor Law permalinkembedsaveparentgive gold[–]Amarkov 0 points1 point2 points 1 year ago(1 child)You could, but that wouldn't accomplish anything additional.

permalinkembedsaveparentgive gold[–]lawndoe 0 points1 point2 points 1 year ago(0 children)True, that could elucidate the situation. I am now effectively homeless. There would likely be ramifications. But really OP, put some hypothetical cash in your home safe, or toilet tank, in the account that your funds are frozen for a few days.

Powered by vBulletin Version 4.2.3 Copyright © 2016 vBulletin Solutions, Inc. Bank Error In Your Favor Movie Yes, it was a cashier's check. While still morally wrong, the facts are that he was mailed a "valid" check and attempted to deposit it. permalinkembedsaveparentgive gold[–]ChiliFlake -1 points0 points1 point 1 year ago(2 children)Couldn't you just write a check for the amount and hand it to the manager?

  • permalinkembedsaveparentgive gold[–]Amarkov 30 points31 points32 points 1 year ago(31 children)The problem is that there's no formal procedure to designate it as such.
  • By this argument, if he tried to deposit the check without considering whether or not he was entitled to it, he would be innocent?
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  • Sometimes they make mistakes.
  • He just couldn't cash them in.
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Bank Error In Your Favor Statute Of Limitations

Statutes of limitations only affect whether you can be sued or prosecuted for it; there's no statute of limitations for the bank taking the funds out of your account, since they Neither he nor the supervisor knew if there was any kind of time limitation. Bank Error In Your Favor permalinkembedsaveparentgive gold[+][deleted] 1 year ago(5 children)[deleted] [–]Karissa36Quality Contributor 0 points1 point2 points 1 year ago(3 children)I see you are a redditor for 22 days. Bank Error In Your Favor Saints Row 2 Limitations!?

They have no true desire to return it to the proper owner. his comment is here permalinkembedsaveparentgive gold[–]john1836[S] 2 points3 points4 points 1 year ago(9 children)Thank you. Duckster View Public Profile Find all posts by Duckster #3 07-17-2013, 10:55 AM Crocodiles And Boulevards Guest Join Date: Dec 2007 Quote: Originally Posted by Duckster The time They were in the process of buying a house before the bank deposit mistake was traced. Bank Error In Your Favor Monopoly

Now, it is just a summary, basically an ad for his one-man show based on this event. Regardless, they promised to cover any fees that we might incur. Maybe the account ends up frozen for a month before this is resolved. this contact form If federal law is true: In the United States, when a bank receives notice that a cheque paid into your account has bounced, it has 24 hours to notify you and,

About 3 weeks after depleting the cash I for smacked with the pre consumer protection Bank Of America smack down. Bank Error In Your Favor Forbes You know this. I was pissed off and vocal about it, tying up phone people's time, etc.

Dream all you want.

It would increase the risk of hassle but he could send a certified letter explaining the error and that the money has been sequestered into a separate account for safe keeping. One of those checks was one I had written her. It's more like a "Go Directly to Faceless Corporate Bank Hell" card. Bank Error In Your Favor Collect 200 Get a new debit card, cancel the old card.

permalinkembedsavegive gold[–]Wanderlust917 2 points3 points4 points 1 year ago(0 children)You're much better off just having the bank wire the funds back to the same exact account (of the LLC) that they came from. Dereknocue67 View Public Profile Find all posts by Dereknocue67 #19 07-19-2013, 06:17 AM kayaker Member Join Date: Jul 2009 Location: Western Pennsylvania Posts: 23,003 When I was in When the bank catches up with your boyfriend, why not simply say "Finders keepers, losers weepers"? 12-27-2006,03:38 PM #10 seniorjudge View Profile View Forum Posts Senior Member Join Date Jul 2006 navigate here The time now is 06:37 PM.

Banks process many transactions every day and it may take a few days for them to track down and solve your problem. buy a house or 10 cars permalinkembedsave[+][deleted] 1 year ago(1 child)[deleted] [–]onionmancer 5 points6 points7 points 1 year ago(0 children)In what country do you live where there are no limiting statutes on tort and permalinkembedsaveparentgive gold[–]Bagellord 3 points4 points5 points 1 year ago(2 children)I certainly wouldn't wire it myself, if I were op. It's called a letter of indemnity.

Any issues with this approach? But realizing he had the bank over a barrel, Combs refused to return the money without an apology and an admission of guilt from the bank.