Double Standards

[Canary42]

If you encounter a deposit error in your bank account the banks say that you must tell them quickly.

But if they then make an error and tell you (twice) that it is valid, they can still take it back SIX MONTHS later when they realise that they advised you in error.

Usual "we always have a win-win attitude" from the banks.

https://uk.yahoo.com/news/handyman-money-sent-bank-error-bank-accidentally-keep-093755066.html

[bobbinwales]

I think your wong canary to say the banks have a win win attitude. Why has the bank won here? Can you give an example of when customers actually lose out due to a bank error and nothing can be done. If the banks wrong the law will be on the customers side.

[bobbinwales]

I dont actually believe anyone can seriusly think theyve been left sums like this from a genuine mysterious stranger as a gift. The initial mispayments werent a bank error they were made by the person who sent him the money in error. What was the bank supposed to do?

[Peter Pedant]

chrissakes
of course he can't keep it
he knew it wasnt his - case law is clear on this

the only sticking point is when it is sensible, could have been overtime from work, has been spent and incurred charges when it was clawed back....

[bednobs]

what a knob that man is.
good on the bank

[bobbinwales]

In what way has the bank won? All thats happened is that the customer who accidentally paid the money to the wrong account has got there money back