Bank Error: in my favor?

[The Captain]

I just checked my checking account online to make sure my rent check was received and cashed. Rent is $2000.oo/month, but the bank has my check cashed for $200.00. It clearly says "two thousand" so it couldn't be an error on my part. Do you think my land lord got all 2000 and they just messed up in the computer somehow? Think they'll change the amount to the right amount or did i just get an extra 1800 this month?

[pearl]

call your landlord.

[igo4bmx]

you pay 2 grand a month in philly U?
WTF

[05OCsrt-4]

i vote call your landlord and bank, make sure you don't get kicked out tomorrow

[The Captain]

you pay 2 grand a month in philly U?
WTF

Yeah I know, rent is ridonk. But it's a 4br, 4ba huge old house in wynnefield. There are5 of us, so that helps.

Me and my landlord are tight. If there is an issue, he'd call me and it wouldn't be a problem. I looked at the image of the check to make sure i didn't f up, and it clearly says "two thousand" and it has $2000.00 written, so it's clearly not my fault. And I have more than enough funds to cover it so it's nothing with that either.

[poisonivory]

well if your landlord did get all of his money, you could consider the banks mistake in your favor, unless they catch it. if he really only got 200 in his account, then you better believe you'll hear about it.

My younger cousin had a similar act in his favor..but he was the one cashing a check...he had a check for $40.10, and the dumbass teller gave him $401. lol But since it was cash, the teller probably didn't know where he screwed up at the end of the day. Nothing ever came of it. Free money FTW.

[The Captain]

I'll call him when i get home from work. He's got a lot of mail at my place too that he needs to pick up so I had to call him anyways.

[igo4bmx]

they will probably correct it at the bank in a day or two.
happened to me before.

[The Captain]

Say he got all of his money and it's only an error on my side...how long until I can feel the money isn't going to get taken away?

[Vypurr]

Remember...You are responsible for keeping track of your account, so if they later correct the error and overdraft, you will now incur fees! I am sure you can fight that, but it will be a real pain. Nothing good is free, and nothing free is good.

[dragonfly2k3]

im with vypurr, let it in there for a good few months atleast. I would hate to see them catch it and overdraft you by 1k, that would suck.

[Nors]

I would let the bank know whats up. Karma is a bitch.

[The Captain]

Karma is on my side. Maybe this is me finally getting the benefit for all the things i've done for other people?

[coleycole]

I wouldn't expect the bank to allow the error to slide. They will probably contact you and let you know that they are removing the money before they do. I bank with Commerce and when I cashed a check they gave me back $100 more dollars in cash then the check was for, they called me later to let me know they were taking out the difference from my checking account.

[TrboChicsRock]

I'm sure tonight when they close out their drawers tonight they will realize that there's an error and recheck all of the transactions from the day. I wouldn't count on them not realizing it. Someone won't be balanced and they won't just say "oh well".

[The Captain]

Yeah, I'll fully expect for the money to be taken out. But that extra 1800 would be so nice.

[amit]

Well technically isn't only a fifth of it yours? If you do get the extra $1800...you really should be splitting it with your roomies! Just sayin though....


but...2 grand a month?! GOOD GOD.

[The Captain]

Well technically isn't only a fifth of it yours? If you do get the extra $1800...you really should be splitting it with your roomies! Just sayin though....


but...2 grand a month?! GOOD GOD.

Only 3 guys are living in the house/paying this summer so I would be splitting it with them, but I don't want to do that yet, just in case they do the adjustment.

[BlkWhtTSI]

my friend had $30 in his bank account one day and then the next he had $400 his parents didnt give him money or anything. he wasted it all on clothes food and gas.

[ScoobyNubieToo!]

Remember...You are responsible for keeping track of your account, so if they later correct the error and overdraft, you will now incur fees! I am sure you can fight that, but it will be a real pain. Nothing good is free, and nothing free is good.

im with vypurr, let it in there for a good few months atleast. I would hate to see them catch it and overdraft you by 1k, that would suck.

I wouldn't expect the bank to allow the error to slide. They will probably contact you and let you know that they are removing the money before they do. I bank with Commerce and when I cashed a check they gave me back $100 more dollars in cash then the check was for, they called me later to let me know they were taking out the difference from my checking account.

I'm sure tonight when they close out their drawers tonight they will realize that there's an error and recheck all of the transactions from the day. I wouldn't count on them not realizing it. Someone won't be balanced and they won't just say "oh well".

Sage advice up here, I would listen if I were you.
This ain't Monopoly, Beatch! :mrgreen:

[Xavier]

Drain the funds and close the account FTW.

[Nors]

Karma is on my side. Maybe this is me finally getting the benefit for all the things i've done for other people?

Very possible.

[alwaysinboost]

if the check posted before the 10th of the month it will take them 30 days or so to catch it.. but they will catch it eventually.

I had something like that happen to me except it was a check for 3xx and they deducted 8xx even though the description spelled out _THREE HUNDRED_ on the check.
I caught it and told the bank and they acted like it was my fault or something. I'd been with them almost 10 years and they treated me like **** saying its MY responablity to catch their mistakes. So the next day after the fiasco was cleared up I went in there closed my accounts and walked out the door.

[Supraru]

I worked in the banking business for a total of 6 years. Basically what happens is you gave the check to him and his bank deposited it in his account for the correct amount. The check then gets to your bank and they run how much is taken out to debit your account. Obviously this is where the mistake was. Your bank will be $1800 bucks short and they will find this mistake. They always do especially with a typical easy error like that. I'd say within the next couple days there will be a fix on your account. If it was less then $100 they probably wouldn't search that deep into it but $1800 they'll be all over it like flys on poo. Don't take any of that money out because if you do you'll be over drawn and have to pay it. It's very easy to tell when someone knows there is an extra $1800 bucks in their account and they magically spend it even though it shouldn't have been there to begin with. I'd always laugh at the ones who actually thought they'd get away with it.

[twastheglow]

Drain the funds and close the account FTW.

I worked in the banking business for a total of 6 years. Basically what happens is you gave the check to him and his bank deposited it in his account for the correct amount. The check then gets to your bank and they run how much is taken out to debit your account. Obviously this is where the mistake was. Your bank will be $1800 bucks short and they will find this mistake. They always do especially with a typical easy error like that. I'd say within the next couple days there will be a fix on your account. If it was less then $100 they probably wouldn't search that deep into it but $1800 they'll be all over it like flys on poo. Don't take any of that money out because if you do you'll be over drawn and have to pay it. It's very easy to tell when someone knows there is an extra $1800 bucks in their account and they magically spend it even though it shouldn't have been there to begin with. I'd always laugh at the ones who actually thought they'd get away with it.

He sure would get away with it if he does what Xavier recommends. LOL

[blkZ06]

I deposited a check for 10,000$ and whoever entered it made the entry 100,000 it actually sat it my account that way for a couple days.

[den9]

I deposited a check for 10,000$ and whoever entered it made the entry 100,000 it actually sat it my account that way for a couple days.

lol i dunno wat i would do if they didnt notice, easy come easy go.

also what would happen if u did take all the money out and close the account, what your credit get messed up, or would u have some feds knocking at your door?

[Supraru]

He sure would get away with it if he does what Xavier recommends. LOL

You know when you open an account they have all of your personal info. Basically it would be a legal issue if the money wasn't returned. If it was a smaller amount you'd be put on check systems which means you can't open an account ever until you pay that bank back and get a letter from them saying you did. lol Pretty much you get ****ed. Banks get each others banks for ****ty people who try to screw banks.

[ScoobyNubieToo!]

lol i dunno wat i would do if they didnt notice, easy come easy go.

also what would happen if u did take all the money out and close the account, what your credit get messed up, or would u have some feds knocking at your door?

He would be charged with a felony go to jail...............