I opened a Short Term CD account by going to bank for $5000. And told the Bank Supervisor to transfer this 5000 from my Checking account. Next day I checked my account online and got zapped. Now I can see there is new CD account but the amount it shows is 50,000 instead of 5000. Also I noticed that there is no clearing of $5000 from my checking account.
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Where did the money come into my new CD account ?
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How can it be 50,000 instead of 5000?
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What can I do about this?
If this is a software bug, how can I be benefited from this.?
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I have the screen shot of the website of my account showing the above details.
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Your inputs are appreciated. Thanks in advance.
2007-08-08 17:21:06 · 4 answers · asked by ConnectSandy 1 in Business & Finance ➔ Personal Finance
Contact the bank manager
2007-08-08 17:24:46 · answer #1 · answered by Rana 7 · 0⤊ 0⤋
so sorry mistakes happen -- at least it did not cause you to bounce checks -- call the bank manager and give him the details-- save them time since they are looking for the missing money even as i type. no you can not benefit from that business mistake!!!
2007-08-12 15:47:47 · answer #2 · answered by mister ed 7 · 0⤊ 0⤋
Call them and tell them they made a mistake - immediately. Either they made a mistake and will figure it out eventually, or they think the cd is for 50K and will try to take that out of your account. Either way,m best to be proactive and tell them the problem now.
2007-08-09 00:25:24 · answer #3 · answered by Slumlord 7 · 1⤊ 0⤋
Call the bank and ask them. It isn't your money so keeping it won't happen. If you keep the extra money it is bank fraud.
2007-08-09 00:25:51 · answer #4 · answered by shipwreck 7 · 1⤊ 0⤋