I called them so they could take out the 2nd deposit 2 weeks ago, but they still havent. How long until their mistake becomes our gain?
2007-02-14 03:07:18 · 6 answers · asked by howelady 1 in Business & Finance ➔ Personal Finance
It won't be your gain they will get it as soon as one of the bookworms books is off and traces the error to your account.
2007-02-14 03:15:23 · answer #1 · answered by selena d 3 · 0⤊ 0⤋
A mistake is never a gain for you if it is at a financial institution. They have the right to correct the error at any time with out notifying you. I would call and speak to a supervisor and let them know you called over a week ago to get the error corrected. I know that research will be done on the deposit but it shouldn't take this long. There are times when the bank will put the deposit on hold until the research is complete and then go from there. For your benefit, do not use the money. It will come back on you. I have been employed with a financial institution for the last 13 years so this is coming from someone who knows the banking industry. Never count an error as a gain for you.
2007-02-14 03:20:11 · answer #2 · answered by moonlillies 3 · 0⤊ 0⤋
I thought once 30 days passed, they pretty much give up their right to take the money away if it was their error that caused the problem (especially if you tried to rectify it with them). I could be wrong about that or it could be an old law... Check with an attorney - if they lose the right to "fix" it in their favor after a period of time, just leave it alone and let them sort it out or donate the money to you.
2007-02-14 03:45:56 · answer #3 · answered by cruciatio 1 · 0⤊ 0⤋
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RE :Our bank accidentally deposited a check twice.?
I called them so they could take out the 2nd deposit 2 weeks ago, but they still havent. How long until their mistake becomes our gain?
Follow 5 answers
2017-04-04 14:06:51 · answer #4 · answered by ? 6 · 0⤊ 0⤋
It never does. Take the money put it into an interest bearing account and when they ask for it back, which they will, you will have it to give them and you will have earned the interest on it.
2007-02-14 04:30:08 · answer #5 · answered by gerrifriend 6 · 0⤊ 0⤋
never. they will find the error and get the money back.
2007-02-14 03:17:22 · answer #6 · answered by Debt Free! 5 · 0⤊ 0⤋