Would you report it to your bank if they accidently gave you £500?

Question

I recently withdrew £500 pounds from a high street bank, using a ISA paying in book, but the cashier did not get me to sign for it and the transaction was never recorded on the book, should i report this, or should i p!ss the money up the wall?

Answer 1

Keep the money and p*ss it up the wall and when they do realise their mistake .. and they will ... this is a bank we are talking about .. (greedy bankers)... offer to pay them back a small amount every week...
hell dude wot u waiting for go spend spend spend !!

Answer 2

Well if it was you that made the mistake, would you hope the customer came back and reported it?

The person that will pay for the mistake is the bank clerk, not the bank itself.

Report it, and give the poor cashier a break. In any case they might still know it was you anyway and might still take it from your account.

Shola Ogunlokun
I want to fly a hang glider across the UK
http://www.meet-britain.org.uk

Answer 3

I once had a bank give me $380 that was not supposed to be in my account. The bank branches from state to state were not linked and somehow there was an error.
I did tell them and I sat in the ban and called the California branch. Neither bank listened to me. I knew I had withdrawn the money 2 weeks prior and I also knew exactly how much I had.
In the end, I kept insisting, but they would not listen. (I was there to close my account) I went ahead and closed the account, accepted the money, shook my head, went to my car, felt like a thief and then.......thanked God and went to the store.
My concience was clean because I did try to do the right thing, even to an extreme point. So, I kept it and I needed it.

Answer 4

Chances are- it has been recorded- even if you havent signed for it- see if it's gone out of your ISA next week- if not- then the decision is purely yours. You should be honest about it, if they realise they might fine you- or just take the money out when you least expect it and you'll be short of cash.

Answer 5

I would report it. In fact, I've had a similar thing happen and did report it. They will eventually find the error and then you'll be up a creek for having pissed the money away.

Aside from this, you'd feel better about yourself for doing the right thing. ; )

Answer 6

The cashier who gave you the money will have to pay it to the bank. Otherwise he could just take any money he wanted for himself.

Answer 7

Banks can go back and look for this. Just because you didn't sign it doesn't mean anything. Just don't go wild spending this money yet. They still could find you. Nothing is really ever FREE.

Answer 8

i would report it, because if i didnt, karma would kick me in the @$$ so fast my head would spin. they probably already know because the drawer was short that day, the teller went thru each transaction and they have each of his/her transactions on video tape so they can pinpoint who it was, and at what time it happened.
they may be holding out to see if you are an honest enough person to report it, before they report you.

Answer 9

Yes, I would report it. This has happened to me in the past, and I reported it then. As well as having to live with a giulty conscionce, I would hate to see someone lose their job because of it.

Answer 10

clerical error - don't mention it - just send me 100 to keep quiet ;)

added 11:39 - The error was made at the desk, so there's no record of it, so no chance they'll find out, as some have suggested. They'll find out they've got a negative difference, but can't tell where it happened.