my employer pays me using my bank account number and sort code. Is it possible for my employer to also withdraw money from my account without my permission using the same details? thanks.
2006-11-01 22:27:23 · 21 answers · asked by boyinlove2k 2 in Business & Finance ➔ Personal Finance
yes , especially if they can forge your signature
2006-11-01 22:29:38 · answer #1 · answered by The brainteaser 5 · 0⤊ 1⤋
Yes it is possible under specific conditions. If you are enrolled in direct deposit, as a term of your signed employment agreement, it may state that your employer has a right to withdraw funds if you are overpaid.
If you feel your employer has erroneously withdrawn funds from your account, contact your payroll department for details, and also review the terms of the employment contract that you signed.
I can't imagine any other circumstance where an account withdrawal from an employer would be legal and allowable. However, if you signed an agreement allowing withdrawal in a case of overpayment, the employer may then subtract the difference in a separate transaction. Unfortunately, there is no guarantee that this will happen in whatever you consider to be a timely manner.
If the error is in your favor, and you feel that your employer has overpaid you--and you have no desire to report the incident, it would be best if you at least keep the balance of the additional funds within your account to cover your **** if they decide to collect.
If your employer is filtering money from your account into their own, without justifiable reason, your employer is stealing from you. Verify your bank records, contact payroll, and seek legal action.
2006-11-03 09:52:26 · answer #2 · answered by Janx 2 · 0⤊ 0⤋
No one can direct deposit or withdraw funds from your account without your permission. Obviously you filled out and signed a form allowing your employer to direct deposit to your account. If the form you signed also issues permissive withdrawal rights then the employer can withdraw funds based on your permission to do so. You would need to check with your bank to establish what record of deposit/withdrawal form they have on file. You can change it anytime you want. It's YOUR account!
2006-11-01 22:40:46 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Yes, when you sign up for it, hidden in the small print is a clause saying that they can take money out if they make a mistake. It does not specify that they have to ask or notify you, or anything.
Sometimes they refer to another document which you do not see or have access to.
You gave them permission.
Move your money to a different account, or, don't worry about it. I have never heard of it being done.
2006-11-02 00:43:16 · answer #4 · answered by Anonymous · 0⤊ 0⤋
at the end of the day anythings possible. its def not legal, but some people dont stick to the rules. if this happens make sure u notify somebody. an employer generally is to be trusted, but dont be too trusting.. not everyones a good guy in this world.
good luck x
2006-11-01 22:57:48 · answer #5 · answered by amy_uk2k1 2 · 0⤊ 0⤋
He would, but in order to do this, he would need to be really good at forging your signature.
Given the 97% of population who has given given their employers their bank details, myself included, I have never, ever, heard of this being done. Therefore, you have nothing to worry about.
2006-11-02 06:48:28 · answer #6 · answered by Anonymous · 0⤊ 0⤋
your employer can recall your entire salary through the BACS system usually only on the day it's due to credit.
If he's taken smaller amounts from your accounts and/or at other rimes than payday then he's committing theft.
2006-11-03 06:25:31 · answer #7 · answered by phooey 4 · 0⤊ 0⤋
NO. Unless they have your permission, they cannot withdraw from your account. If they have then get in touch with a solicitor and get them done for fraud.
2006-11-01 22:30:56 · answer #8 · answered by Dragon Empress 6 · 0⤊ 1⤋
No. The only way it can appear this way is if he 'recalls' a BACS payment that he has sent to you 'in error'. He only has a day after sending it to try and do it too.
2006-11-01 22:40:01 · answer #9 · answered by 'Dr Greene' 7 · 0⤊ 0⤋
Probably yes, but he'd get in big trouble if he got found out and most bosses wouldn't do that anyway!
2006-11-01 23:53:25 · answer #10 · answered by little.lost 4 · 0⤊ 0⤋
Unless you have an agreement such as a direct debit or standing order, then no without your consent it would be theft.
2006-11-01 22:31:49 · answer #11 · answered by Max 5 · 0⤊ 1⤋