GoFuckYourself.com - Adult Webmaster Forum - View Single Post - If a 3rd party biller accidentally wired you an extra $2000...

rowan · 08-20-2003, 04:58 PM

There was a situation a few years ago where a bank mistakenly deposited $1m to someone else's account... the lady who owned that account wanted to see if the money was 'real' so she transferred $100k to another of her accounts, then back again. Unfortunately doing this incurs a state government deposit tax, so the fees added up to several thousand dollars for both transfers. Once the bank reversed the $1m deposit, her account ended up being (severely) negative. At the time I saw the story aired on TV, the bank refused to reverse the fees even though she had not spent the money, or moved it outside of the bank.

08-20-2003, 04:58 PM
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	There was a situation a few years ago where a bank mistakenly deposited $1m to someone else's account... the lady who owned that account wanted to see if the money was 'real' so she transferred $100k to another of her accounts, then back again. Unfortunately doing this incurs a state government deposit tax, so the fees added up to several thousand dollars for both transfers. Once the bank reversed the $1m deposit, her account ended up being (severely) negative. At the time I saw the story aired on TV, the bank refused to reverse the fees even though she had not spent the money, or moved it outside of the bank.