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Bank Deposit Error In My Favor


I closed the account the SSI was being deposited into so that I could force SSI to keep their money and I wouldn't have to deal with ‘saving' the money till And if you spend it, odds are high that the bank will not be in an understanding mood.33.1k Views · View UpvotesThis answer is not a substitute for professional legal advice.... I was sending a large amount e-check to pay down a mortgage, I was so paranoid about getting the account numbers right. It took them a day to correct the mistake, but due to a $40,000 check that was written immediately (and deposited immediately) after my deposit, I found myself in a HUGE Check This Out

Follow up with the bank and record your attempts to follow up, i.e., follow up in writing if possible. And another question about a barking dog15 points · 3 comments [Oregon] Auto Body ship refusing to return vehicle16 points · 18 comments A past tenant is suing my dad because he swore at them permalinkembedsavegive gold[–]Bagellord 17 points18 points19 points 1 year ago(34 children)Could you not set up a separate account to segregate it in order to prevent accidental spending? Reply ash says: January 15, 2009 at 3:12 pm so many good people its nice to see i put a 300 check in and they counted it 3000 no i didnt

Bank Deposit Error In Your Favor

Probably better to just lay low and not spend it for a couple years. Reply 40 J. Post to help, not to flame. How is it ascertained that, in any given situation, money credited was done so "mistakenly"?

I called when I figured out my deposit was missing and I had the receipt and everything, which showed the wrong account number and wrong name. If not for your conscience, do it for the fact that they will eventually figure out that they made a mistake and you'll have to give it back anyways. Reply 55 Stacey October 17, 2011 at 3:40 pm Just recently the bank recorded a $50,000 deposit in my account as a $5,000 deposit. Bank Error Laws Money May 14, 2013 at 2:32 pm Yes, it 100% sounds like a scam!

Comments (scroll down to add your own): I'm totally on board with getting to the bottom of ANY mistake (in your favor or otherwise). It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Reply Brett says: January 15, 2009 at 11:11 am What about the interest on the money they put into an account? Money October 18, 2011 at 12:12 pm Ouch -- boy, that is no fun at all, sorry to hear!

Maybe the account ends up frozen for a month before this is resolved. Bank Deposited Money Into Account By Mistake I saved about half just because I wasn't sure where it came from get and of course instead of being blessed I once again was cursed. I didn't know who sent the check but it was legit and in my name, so I cashed it and waited. What would happen if I cashed the check and kept the cash?

  • Hide this message.QuoraSign In White Collar Crime Money Transfers Fraud Personal Finance Advice Accounting Banks Economics of Everyday Life Legal Issues and Law in Everyday Life Banking Personal QuestionIf my bank
  • permalinkembedsaveparentgive gold[–]CaptainColeslaw 1 point2 points3 points 1 year ago(0 children)When I was 19 I one day saw 759 bucks I my checking.
  • Yeah, no kidding.
  • Reply The New CPA says: January 19, 2009 at 2:58 pm That is an incredible story.

Bank Error In My Favor Statute Of Limitations

When she went to the bank to let them know the error, the teller was *quite* surprised. Reply 109 J. Bank Deposit Error In Your Favor If no one other than OP has reported the error, it would behoove the bank to contact the sending bank to alert the sending customer, but say the sending bank never Bank Error In My Favor Can I Keep The Money Madakor's request to a State Supreme Court judge that the assets be unfrozen was denied.

It all worked out in the end though. @Stephanie - That would have been a super nice surprise! :) @Jason Peck - I hope they at least gave you an extra his comment is here Does this mean that the interest earned is yours, but it's taken away punitively if you try to take the rest of the money? I didn't feel the need to say anything again, because they had lost my first pair, lied about them being in stock then accidently sent the same pair twice. i deposited the 1st check made in person by the adjuster. Bank Error In Your Favor Statute Of Limitations

I am a full time student at a Univeristy and boy do I have a tale for you. All of the tools and information you need when it comes to personal finance are now in our new experience on AOL.com. What if my junkie relative steals my ATM card and goes on a spending spree? this contact form And that holds true whether you're pocketing an erroneous bank deposit of $2 million or $2.

You might have had a different story to tell today if not ;) @LLF - GREAT point. Bank Error Not In My Favor He said he only spent the money because First Commonwealth told him it wasn't a bank deposit mistake. If someone else, or another company, accidentally xfered money in for whatever reason - it is legally NOT yours.

Reply 57 K.Itsok December 31, 2011 at 10:27 pm One time my credit union deposited $7,000 in my account, I went into the branch to notify them of this error.

Share this:TweetPocketMoreShare on TumblrPrintEmail Related Filed Under: General Last updated: October 15, 2011 Comments Chris says: January 15, 2009 at 6:40 am A few months ago I received Maybe it works both ways. :-) Reply 44 Ron Stevens October 13, 2011 at 5:42 pm All i can do is laugh at this, it did happened to me one time It takes a LONG time to build from such a small acct. Bank Deposited Extra Money I left and came back 30 seconds later because I just didn't feel good about it.

I new they would take it at some point, and I did not want to forget about it, dip into it by accident and then them take it out and a Reply James says: January 16, 2009 at 11:38 am I charged college tuition to a credit card once. It's theft. navigate here That way you don't have to worry about the LLC actually receiving the check and relying on someone taking action to deposit it.

The guy on the phone kept saying it is your money, duh, the checks are made out to a company, This is a personal account. I left it there for 6 months and one day split it between my checking and saving. At first they said they had to get the account holder's permission to withdraw the money from their account! Reminds me of those times Gas stations accidently charge people like 34 cents a gallon instead of $3.34 ;) It may be good for some people, but it always comes out

He will be happy to see you. When he realized his mistake, he talked with the bank, but the bank refused to refund him his money. My worst recent experience with that was at Target when the cashier only charged me for one box of garbage bags and not two. Better to be safe than sorry :) Reply 93 Dave June 25, 2013 at 2:21 pm Last month I checked on pay-day and noticed my paycheck was double deposited.

Money June 9, 2012 at 10:22 pm Oh no!!!