Error In Favor Of
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Blue Cash Everyday--$100 Bonus Amex Blue Cash Preferred--$350 Bonus Chase Slate--0% No Fee Balance Transfer Adjust Text Size How to Handle a Bank Error in Your Favor Written by Nickel - 10 Comments Tweet Bank Deal: bank error in your favor movie Earn 1.00% APY on an FDIC-insured savings account at Barclays Bank. As you're
Bank Error In Your Favor Forbes
likely aware, bank aren't perfect. Sometimes they make mistakes. And sometimes those mistakes actually favor the customer. Over the bank error in your favor collect 200 past week I've been dealing with a fairly significant bank error in our favor - as they say in Monopoly - and thought I'd share the story. The backstory A week ago http://www.forbes.com/sites/moneybuilder/2012/05/24/bank-error-in-your-favor/ this past Wednesday, I made a transfer from Bank A to Bank B. For a variety of reasons, none of which are very interesting, I had to do this by phone. So… I called Bank B, gave them the Bank A routing and account numbers along with the amount, and went merrily on my way. The next day (Thursday), I decided to do another http://www.fivecentnickel.com/2010/09/10/how-to-handle-a-bank-error-in-your-favor/ transfer in the same amount, so I again called Bank B, talked them through what I wanted to do, and once again went merrily on my way. On Friday night, I checked both accounts. Much to my surprise, there were three deposits into my account at Bank B. Uh oh. It looks like one of the transfers got duplicated. Concerned, I checked Bank A. Two withdrawals had hit - was another one lingering out there in the ether? Of course, we were heading into Labor Day weekend, so I'd have to wait extra long to find out. Isn't that how it always works out? Untangling the mess Concerned that we'd get hit with a third transfer out of Bank A, I called both banks. Bank B said that they were only showing two transfer requests, and couldn't explain the third deposit. Regardless, they promised to cover any fees that we might incur. Over at Bank A, they were only showing two withdrawal requests so far. They further stated that, since there wasn't enough in our account to cover the third transfer, it would simply be refused. We'd get hit w
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