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Thread ID: 99961	2009-05-21 07:39:00	Would You Return It?	pctek (84)	PC World Chat

Post ID	Timestamp	Content	User
775672	2009-05-21 11:11:00	Personally, I'd put the money into a high interest account. Say... Rabobank for a day or two hopefully. Would I inform the bank? Nope. When they come calling, I'd be honest and transfer the cash to my normal account where the bank can claim it back. I'd still get interest off that. Would I pay the fees? Nope. I didn't make the mistake.	bob_doe_nz (92)
775673	2009-05-21 11:19:00	The only correct and moral thing to do is contact the bank and tell them to take the money back. There is no other correct procedure its black and white the money isn't yours. You can say here what you like but only a scum low life would actually spend the money, take interest on money or charge the bank a fee to get their own money back.	prefect (6291)
775674	2009-05-21 11:24:00	Get the NZ SIS to track them down overseas and kill them. Westpac Asian employees half Triads and half employees. Don't mess with a banker - :cool:	Nomad (952)
775675	2009-05-21 11:26:00	It's the principle though - if someone hits my car in a carpark, I would expect that the driver will leave a note with their contact details, and pay for the damage they caused. Likewise, if I were to accidentally damage someone's car, I would expect that I'd pay for the damage I cause. I guess it's a "do unto others as you would have them do unto you" scenario. So you're saying if you stuff up you have to pay the price. The bank stuffed up and now they're paying the price. If I hit someones' car and then paid for the damage, I couldn't just say well it's my money, even though I stuffed up I want my money back. Obviously that's not how it's gonna play out with this, but if I accidentally give someone more money than I should then that's my fault and I have to live with that, unless of course that person is honest and gives it back. The bank GAVE them the money. They didn't steal it. Sure, they probably didn't do the right thing but technically they didn't steal it. But being 10m I think a difference principle must apply. Either way, I say sucks to be them for not being able to (probably) live in NZ again, but good on them in a way. And we all know this won't effect any of our money we may have with Westpac. Banks have A LOT of money. What they did is probably not morally right, but hey, neither are a lot of things in life. At least they didn't kill someone for it. :2cents:	--Wolf-- (128)
775676	2009-05-21 11:27:00	I prev had a HSBC - I cancelled due to bank fees they introduced. So I transferred $$ out and left $5 there for the monthly bank fee. Guess what? They closed my account, didn't sent me a letter confirming it has been closed, and the interest earned they kept it. That is banks for you. Just fortunately for 2yrs running I have not ever been inside a bank and I do not have any loans with them or insurance apart from a savings account.	Nomad (952)
775677	2009-05-21 11:38:00	It's the principle though - if someone hits my car in a carpark, I would expect that the driver will leave a note with their contact details, and pay for the damage they caused. Likewise, if I were to accidentally damage someone's car, I would expect that I'd pay for the damage I cause. I guess it's a "do unto others as you would have them do unto you" scenario. Well, of course, this is the 'ideal' situation; but in this 'real' world, it is not always so 'ideal'. I personally experienced a couple of 'hit & run' incidences since I came to NZ 20+ yrs ago. When I just arrived, I was told by someone that the people in NZ are very honest and helpful, but ........ or maybe I'm just unlucky!	bk T (215)
775678	2009-05-21 11:41:00	So you're saying if you stuff up you have to pay the price. The bank stuffed up and now they're paying the price. If I hit someones' car and then paid for the damage, I couldn't just say well it's my money, even though I stuffed up I want my money back. Obviously that's not how it's gonna play out with this, but if I accidentally give someone more money than I should then that's my fault and I have to live with that, unless of course that person is honest and gives it back. The bank GAVE them the money. They didn't steal it. Sure, they probably didn't do the right thing but technically they didn't steal it. But being 10m I think a difference principle must apply. Either way, I say sucks to be them for not being able to (probably) live in NZ again, but good on them in a way. And we all know this won't effect any of our money we may have with Westpac. Banks have A LOT of money. What they did is probably not morally right, but hey, neither are a lot of things in life. At least they didn't kill someone for it. :2cents: They did steal the money, since they took something which didn't belong to them. Even though it was mistakenly transferred into their account, it has never belonged to them. If a pile of cash showed up on your doorstep, and you spent it, that would be theft since it isn't yours. "Finders keepers" doesn't apply in real life.	somebody (208)
775679	2009-05-21 12:38:00	The only correct and moral thing to do is contact the bank and tell them to take the money back. There is no other correct procedure its black and white the money isn't yours. You can say here what you like but only a scum low life would actually spend the money, take interest on money or charge the bank a fee to get their own money back. DItto. However regarding the fee, I would expect the bank to put me back into the same position I would be , if they hadn't made the error. eg I shouldn't be out of pocket from bank fees, even by $1, if I had made that type of mistake. Therefore they should reimburse the deposit and withdrawal fees. I would also hope, just out of customer courtesy and honesty, that the bank would offer some form of thank you. I mean when someone returns a lost wallet, or similar, the person who lost it, will usually give the finder a reward. I know I have, as it is the right thing to do. I don't know if banks do the same thing, I would hope so. Those types of errors shouldn't happen, and can cost the customers a lot of time and effort, for an error that shouldn't have happened.	robbyp (2751)
775680	2009-05-21 13:06:00	The thing I don't understand about all of this, is how the error could have even occurred at all for such a large amount? Sure, human beings make mistakes - whether they are bankers, PC techs or whoever, humans make mistakes all the time. But, the difference between $10,000 and $10million is huge and there should have been some safeguards around this?? I can't believe Westpac's internal controls are so poor, that one person has the ability to do a transaction for that much on their own, without it being checked or approved first!! What happened if there was a dishonest staff member - they could have just transferred 10million into their own account and taken off overseas themself!	Chikara (5139)
775681	2009-05-21 18:39:00	I don't think they should keep it, but I'm glad that the bank is having trouble getting it back. When the bank makes a mistake and takes to much money out of my bank account its a ***** to get them to fix it. Seems they found out what it feels like.....	porkster (6331)
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