Went to check my bank balance this morning...

need-it

... and a company whom I have dealt with in the past is after lodging 20k to the account, out of the blue.

As an alternative to coke & hookers, what's the procedure here? Wait for them to contact me? (could take ages, they're a big company and the 20k isin't a lot to them) - do I contact them? Ideally i'd like the bank to do a reversal, rather than me lodge it back to them, as I don't need a 'transaction' like that appearing on my statements!

Or do I put it all on black?

Sam Kade

Is it a dream you had it did it really happen?

Iwasfrozen

need-it wrote: »

... and a company whom I have dealt with in the past is after lodging 20k to the account, out of the blue.

As an alternative to coke & hookers, what's the procedure here? Wait for them to contact me? (could take ages, they're a big company and the 20k isin't a lot to them) - do I contact them? Ideally i'd like the bank to do a reversal, rather than me lodge it back to them, as I don't need a 'transaction' like that appearing on my statements!

Or do I put it all on black?

You contact the bank and contact the company in question. Pretty sure it's illegal as well as being immoral for you to pretend you didn't see anything.

I also wouldn't count on the companies finance guys not noticing, big company or not.

GavRedKing

Withdraw, close account, move to Mexico.

One_Of_Shanks

You get on to the company who lodged it and tell them they left you 30k short.

Then you pass on my bank details to them and tell them i would like to do business with them too. They sound great to deal with.

jester77

OP, this the latest social media trend, a form of chinese whispers where you pass it onto the next person. It's a trust game to see if the last person got the amount that was originally passed on. I'll PM you my bank details so you can continue the game.

1hnr79jr65

If you were to spend any of this money it would effectively be theft by deception.

Even though you didnt solicit the money going into your account, you do not own and they are entitled to recover said funds.

Best to get onto them with the transaction code for lodgement and explain they have dropped €20k into your account and for them to request a reversal of lodgement immediately.

Best also do this by email or writing to keep record of logs to avoid any future headaches with this situation.

PARlance

need-it wrote: »

... and a company whom I have dealt with in the past is after lodging 20k to the account, out of the blue.

Send them an invoice for 20k. Back dated, naturally.

Poor Uncle Tom

Maybe now you'll notice Concepta in accounts.........

Kimbot

Sure it was only resting in my account :pac:

Alf Stewart.

The whole thing on black.

ectoraige

Do you have any higher interest savings accounts that you can 'rest' the money in until you get it sorted? Deal with them by post only as you will want a full paper trail too, drag it out long enough and you might earn the price of cup of tea.

hairyslug

What would happen to the interest, granted 20k isnt going to increase much but in a magical world where by accident €20m is lodged into my account and I dont tell anyone for a year, who gets to keep the interest

Sleepy

Does your bank pay interest on current accounts? I'd be inclined to leave it there gathering interest until such time as the company noticed and requested it back. Even at a quarter of a percent interest, if it took them a year to notice, it'd be €50 in your pocket. Even if it took a month, it's the price of a pint.

Unless you're hoping to do more work for them, I'd be inclined to let them worry about it.

seamus

hairyslug wrote: »

What would happen to the interest, granted 20k isnt going to increase much but in a magical world where by accident €20m is lodged into my account and I dont tell anyone for a year, who gets to keep the interest

Any interest earned would belong to whomever owns the asset which generated the interest.

Butters1979

need-it wrote: »

As an alternative to coke & hookers

Just once I'd like the hookers to provide their own ****ing coke.

Dohnjoe

All jokes aside, contact your bank and that company ASAP

Your bank will be able to see when you logged in to check your balance, so any delay on your behalf to take action to kick back the funds will be noted

Should be a fairly simple process

sbsquarepants

Iwasfrozen wrote: »

You contact the bank and contact the company in question. Pretty sure it's illegal as well as being immoral for you to pretend you didn't see anything.

I also wouldn't count on the companies finance guys not noticing, big company or not.

This is terrible advice OP.

Quietly stick it in another account and wait to see if someone comes looking for it. If they don't then let the principle of finders keepers guide you.

Immoral my arse - some giant corporation isn't going to miss 20 grand, be thankful for your good fortune (should it come to that)

I speak from personal experience here - many moons ago the bank stuck 3grand in my account by mistake, I was skint at the time and my friend was getting married soon, I used the money for a nice suit, the stag do and the wedding and figured I'd have to pay it back when they came looking.
They never came looking - i never went telling - I count that as a good result, my conscience is crystal clear:D

philstar

seriously how long would 20k last in this day and age??

i.e. how much do high class hookers cost and how much is cocaine?

ankaragucu

Michael Noonan must be involved in this.......

Badly Drunk Boy

Buy a Calippo. Even though it's not very sunny, it's still fairly warm...

The flying mouse

It probably doings to Apple..they looking for other ways to hide there money...

Panrich

Dohnjoe wrote: »

All jokes aside, contact your bank and that company ASAP

Your bank will be able to see when you logged in to check your balance, so any delay on your behalf to take action to kick back the funds will be noted

Should be a fairly simple process

If they recover any interest accrued as suggested above, then they will be at no loss. While the OP will need to contact them, he can have a cup of coffee and a twix beforehand.

Capt'n Midnight

PARlance wrote: »

Send them an invoice for 20k. Back dated, naturally.

Do like Ryanair.

Send them an invoice for €20K admin fees to process the refund.

Starokan

Gamble it op and post all your bets up here for us to follow:


You may end up 20k in the red but you will have one of the most viewed threads ever on boards :pac:

Balmed Out

Im presuming this is a business account. You are obviously going to end up returning the money. I presume they made an online payment and have put in the wrong entry in the creditor section.

Ring whoever in the company you are most likely to be dealing with in the future and let them know and be as helpful as possible in returning the money. The goodwill could help you get a better deal if purchasing from them in future or help with selling to them in future.

Boom_Bap

Milky Bars. Buy all the Milky Bars.

Dohnjoe

sbsquarepants wrote: »

I speak from personal experience here - many moons ago the bank stuck 3grand in my account by mistake, I was skint at the time and my friend was getting married soon, I used the money for a nice suit, the stag do and the wedding and figured I'd have to pay it back when they came looking.
They never came looking - i never went telling - I count that as a good result, my conscience is crystal clear:D

Idiotic advice, and count yourself extremely lucky.

whiskeyman

The flying mouse wrote: »

It probably doings to Apple..they looking for other ways to hide there money...

Think you're onto something.
Aren't they supposed to pay €13billion back?

Perhaps this €20,000 is a payment (plus penalties / interest) for every citizen in the state.
I'm sure we'll all be getting our 20k from Apple soon.
Spend, spend away everyone!

need-it

I caved and contacted the company. I've to write a letter instructing them to take out of my account and put back in theirs.

Pain in the arse, considering I didn't do anything wrong. Tempted to charge an admin fee but for the sake of keeping relations good i'll write the time off... this time.

Mr. CooL ICE

You should give it back to them, albeit in cryptic fashion.

Using the 20k, buy a car (something like a Kia Cee'd, €19,650) and park it in front of their main offices. Post them the keys to it, but don't leave a note or return address. Let them figure it out for themselves.

StupidLikeAFox

need-it wrote: »

I caved and contacted the company. I've to write a letter instructing them to take out of my account and put back in theirs.

Pain in the arse, considering I didn't do anything wrong. Tempted to charge an admin fee but for the sake of keeping relations good i'll write the time off... this time.

In fairness, if you have dealt with the company before they would easily be able to track you down and chase you for it, as they likely just hit the wrong payee on their system.

It would be different if it was just some random company or person. They would only be able to figure out your bank's branch from the details they had, and your bank wouldn't be able to share your details with them due to data protection, so you would be more likely to get away with it (if you left the morals at the door of course)

sbsquarepants

Dohnjoe wrote: »

Idiotic advice, and count yourself extremely lucky.

I do.

3 grand lucky in fact:D

well spoken man

Happened to me a few months back with 15grand....lets just say I ain't got no 15grand no more.

josip

We had a customer a few years ago.
We kept invoicing them in Euro.
They kept paying us in Sterling.
We parked the difference in a rainy-day account in case they ever asked for it back.
They never did.

cbyrd

20 grand...
I know you need to give it back. But the fun imagining how you could spend it and if they really would come looking for it.
I remember years ago BT were overcharging me .. total sum was about E360. So they said they'd refund me and lodge it to my account.. This was about a week before Christmas so 2 weeks after Christmas I ring them up and say 'buddy, where's my money ?' They apologise and send me a cheque.. I cash said cheque.. About a month later I get E360 into my account.. and again a month after and a month after again.. so just over E1k . It was around the time they were leaving Ireland. So I stick the extra money in my saving account and wait for someone to call..
Still waiting...
In fairness I had to do a lot of bollicking and tracking to figure out how they were overcharging me. Turns out they were charging me for a second phone line.. and calls made on that imaginary phone line.. bistards