Help Please!!!!!!!!!!!

ClintDelicious gurgled happily, sounding much like they were saying:

Which part of "Do unto others" do you have a problem with?

If you'd been the one accidentally transferring money to the wrong destination, you'd not be thrilled if the recipient's response was "I'll take my own sweet time" - and even less so if they then said "Nah, don't think I'll bother. Your c*ck-up, your loss"

In message , Adrian writes

Pay it back now, you will have to eventually so no point causing yourself problems you have no right to keep it..

But if instead of saying "I made a mistake, transferred some money accidentally, can you transfer it back" you started off with threatening legal action, then it's not surprising the response doesn't meet those expectations. Or do you really believe threatening legal action is the correct response when you've made a mistake?

If you want someone to do you a favour - and yes taking time out of your day to make up for your c*ck up - threatening legal action is not a sane response.

Also, you would be foolish to not wait for the transferred money to clear from the senders account, otherwise you would be very screwed when it fails to clear and you've already transferred money back.

snipped-for-privacy@jibbering.com (Jim Ley) gurgled happily, sounding much like they were saying:

Well, neither of us were in on that phone call or letter, so I'm not convinced we're getting it word-for-word... Especially given the basic tone of the post.

It's a bank transfer. It's cleared as soon as it shows in your account, and can't be recalled.

You're not entitled to keep the money, and you'll have to return it. However, you can't be sure the money has actually been transferred to your account until you receive a statement, can you? And what with Christmas coming up, it's unlikely you'll be able to deal with it before the new year, isn't it?

They can't force you to rush around like a blue-arsed fly. All you can be expected to do is deal with the matter in a reasonable time.

Yes it can if the payment was made fraudulently.

"ClintDelicious" wrote in message news: snipped-for-privacy@financebanter.co.uk...

Was it not Sainsbury's who overpaid a worker to the tune of 800,000 (1.2M less taxes) just this week. The recipient repaid it within 12 hours and received a crate of beer for his honesty.

unless it's a scam.

He would be well advised to wait for the money to "clear" to be sure that it isn't going to be recalled for some technical reason

Agreed, but he doesn't have to put himself at risk by returning it immediately

tim

It was the Co-Op IIRC. But surely a better gift than a crate of beer is called for, given the difficulties that member of staff could have caused by fighting to keep hold of the money.

If, as the OP claims, the company have been less than polite, I`d suggest telling them to write to my bank asking for a refund of the money. When the bank contacted me I`d then OK a reversal of the transaction. What I wouldn`t do is just send the money back to them, incase there is something fraudulent going on.

In message , tim.... writes

True, if he thinks his ex-employers may be pulling a fast one he should wait for clearance before repaying it.

You are correct perhaps I am not cynical enough.

Make use of the subject line to give an indication of the problem

As a business making opportunity? Having done no such thing, they tell all their ex-employees that they have accidentally paid a month's wages into their account and would they please pay it back and then scarper to Brazil with the proceeds when the monies start rolling in?

I think there is a difference between being careful and just plain daft. :-)