w**ker bankers..?

[pintsofguinness]

Ulick - I don't understand your situation.   
If you send funds to a wrong account your bank are suppose to get in touch with the bank the funds went to to get them back.  I understand in can be a lengthy process while they exchange correspondence but how the hell would you know who the account holder was? Who give you those details?

I was given the correct sort code but an incorrect account number. So the money went to a Nationwide account, just not the account it was supposed to go to. My bank (Santander) told me there was nothing they could do as the money couldn't be recalled after it had left my account and Nationwide (who I had the loan with) originally said they couldn't tell me where the money went and I would have to sit tight to see if the money bounced back into my account. It was only after I gave them the time, date and name of girl who gave me the wrong account details they they traced the account holder, contacted him and passed his name and address to me. After that I had to do all the running and request the money was returned.

Weird.  They normally make you wait and see if it bounces back because the account you sent it to may not have been a live account and after a number of days if it hasn't Santander should be getting in touch with Nationwide. 
I would guess as it was Nationwide's fault for giving out the wrong details they contacted the account holder in the hope it would speed things up for you.  I would hope they didn't give out his contact details without permission. 

It's in no way fraud. The bank are well out of order. A lot of people wouldn't look near their balance for weeks on end.

I wouldn't be sure they can take it straight back like that. It's basically bully tactics to say she's going to be done for fraud. Poor form.

You'll find it is fraud although I would doubt anyone was ever convicted in the circumstances we're talking about but if you got money put in to your account in error in the morning it's the first thing your bank will tell you if you get awkward with them. 

I haven't checked my balance in weeks so I would say the lassy was genuine and the bank's policy on this was a joke considering it was a student who was going in to overdraft

If the girl hadn't checked her account in weeks and didn't realise it was there she wouldn't notice/mind them taking it back but she did notice it was there and presumably was spending it.  Big difference.

[sammymaguire]

Relax POG, it's only money.

[pintsofguinness]

Relax POG, it's only money.

I'll "relax" if you try and make relevant posts.

[imtommygunn]

It's in no way fraud. The bank are well out of order. A lot of people wouldn't look near their balance for weeks on end.
I wouldn't be sure they can take it straight back like that. It's basically bully tactics to say she's going to be done for fraud. Poor form.

You'll find it is fraud although I would doubt anyone was ever convicted in the circumstances we're talking about but if you got money put in to your account in error in the morning it's the first thing your bank will tell you if you get awkward with them. 

I don't think you'll find it is fraud at all. For it to be fraud there would have to be intent.

Unknowingly spending someone else's money can not be construed as fraud.

[pintsofguinness]

It's in no way fraud. The bank are well out of order. A lot of people wouldn't look near their balance for weeks on end.
I wouldn't be sure they can take it straight back like that. It's basically bully tactics to say she's going to be done for fraud. Poor form.

You'll find it is fraud although I would doubt anyone was ever convicted in the circumstances we're talking about but if you got money put in to your account in error in the morning it's the first thing your bank will tell you if you get awkward with them. 

I don't think you'll find it is fraud at all. For it to be fraud there would have to be intent.

Unknowingly spending someone else's money can not be construed as fraud.

What about when you knowingly spend it?

[Minder]

I check my account every few days, my vigilance is due to the result of having fraud on my account three times, small amounts (£30/£40 each time). If you leave it a few weeks you will never pick up on it.

[imtommygunn]

It's in no way fraud. The bank are well out of order. A lot of people wouldn't look near their balance for weeks on end.
I wouldn't be sure they can take it straight back like that. It's basically bully tactics to say she's going to be done for fraud. Poor form.

You'll find it is fraud although I would doubt anyone was ever convicted in the circumstances we're talking about but if you got money put in to your account in error in the morning it's the first thing your bank will tell you if you get awkward with them. 

I don't think you'll find it is fraud at all. For it to be fraud there would have to be intent.

Unknowingly spending someone else's money can not be construed as fraud.

What about when you knowingly spend it?

Knowingly spending money does not equal knowingly spending someone else's money. Yes it's semantics but very meaningful semantics.

Ultimately if it's construed as a crime it's not fraud anyway - it's theft.

[Minder]

It's in no way fraud. The bank are well out of order. A lot of people wouldn't look near their balance for weeks on end.
I wouldn't be sure they can take it straight back like that. It's basically bully tactics to say she's going to be done for fraud. Poor form.

You'll find it is fraud although I would doubt anyone was ever convicted in the circumstances we're talking about but if you got money put in to your account in error in the morning it's the first thing your bank will tell you if you get awkward with them. 

I don't think you'll find it is fraud at all. For it to be fraud there would have to be intent.

Unknowingly spending someone else's money can not be construed as fraud.

What about when you knowingly spend it?

Knowingly spending money does not equal knowingly spending someone else's money. Yes it's semantics but very meaningful semantics.

Ultimately if it's construed as a crime it's not fraud anyway - it's theft.

That is Pints bread and butter and he will f**k you up 

[Puckoon]

^^^^^ , very good.

[imtommygunn]

It's in no way fraud. The bank are well out of order. A lot of people wouldn't look near their balance for weeks on end.
I wouldn't be sure they can take it straight back like that. It's basically bully tactics to say she's going to be done for fraud. Poor form.

You'll find it is fraud although I would doubt anyone was ever convicted in the circumstances we're talking about but if you got money put in to your account in error in the morning it's the first thing your bank will tell you if you get awkward with them. 

I don't think you'll find it is fraud at all. For it to be fraud there would have to be intent.

Unknowingly spending someone else's money can not be construed as fraud.

What about when you knowingly spend it?

Knowingly spending money does not equal knowingly spending someone else's money. Yes it's semantics but very meaningful semantics.

Ultimately if it's construed as a crime it's not fraud anyway - it's theft.

That is Pints bread and butter and he will f**k you up 

[Aaron Boone]

Banks are full of functionalised departments that only do their bit of the process and no more.

They don't talk to each other internally.

[pintsofguinness]

It's in no way fraud. The bank are well out of order. A lot of people wouldn't look near their balance for weeks on end.
I wouldn't be sure they can take it straight back like that. It's basically bully tactics to say she's going to be done for fraud. Poor form.

You'll find it is fraud although I would doubt anyone was ever convicted in the circumstances we're talking about but if you got money put in to your account in error in the morning it's the first thing your bank will tell you if you get awkward with them. 

I don't think you'll find it is fraud at all. For it to be fraud there would have to be intent.

Unknowingly spending someone else's money can not be construed as fraud.

What about when you knowingly spend it?

Knowingly spending money does not equal knowingly spending someone else's money. Yes it's semantics but very meaningful semantics.

Ultimately if it's construed as a crime it's not fraud anyway - it's theft.

Aye alright, you know best 

[sammymaguire]

Pints is full of shite. Is that relevant enough for you?  bell end 

[Ulick]

Weird.  They normally make you wait and see if it bounces back because the account you sent it to may not have been a live account and after a number of days if it hasn't Santander should be getting in touch with Nationwide. 
I would guess as it was Nationwide's fault for giving out the wrong details they contacted the account holder in the hope it would speed things up for you.  I would hope they didn't give out his contact details without permission. 

Nah, they contacted him first to explain what happened, got his permission to pass his contact details to me, then I had to write to him giving my Santander account number so he could verify he got the payment from my account, then he gave Nationwide permission to take the money and return it to me. The thing that's relevant to this discussion is that he could have told me to feck off at any stage and I would have had to go to the courts. Was a major sweat over the whole thing. The loan was taken out to renovate a house we moved into in the expectation the Ulster Bank would allow us to remortgage after a year for the same value (they gave a commitment to this) only when we went to them looking it they'd brought in all these new "stress-testing" regulations and turned us down flat. There was no way we could afford to continue paying the loan and the mortgage but we found a financial advisor who then got us a mortgage with a different bank and this 'missing' money was the surplus to pay towards the loan. Needless to say our Christmas dinner this year was a roast chicken and the childers presents were bought on Christmas Eve after yer man rang me and said he would be returning the money.

[Aaron Boone]

Is a mad story but a good ending thankfully.

So no turkey at Christmas Ulick, really?