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| Thread ID: 78943 | 2007-05-03 04:10:00 | Trademe: Gave Wrong Account Number | zacoman (12207) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 546547 | 2007-05-03 04:10:00 | Hi. I sold a DVD Player on trademe last week and i sent the person my old bank account that has been canceled for over a year now. I just realised this today and i am hoping that this person can get thier money back and pay it into the proper account. Would it be possible that my old account number will now be someones elses and the money has went into thier account? But the account name and number would have to match for that to happen and i dont think that there will be someone else with the same name with my old account number. And if they cant get thier money back will i still have to send the Dvd player and lose over $100? Any help will be good | zacoman (12207) | ||
| 546548 | 2007-05-03 04:14:00 | Hi. I sold a DVD Player on trademe last week and i sent the person my old bank account that has been canceled for over a year now. I just realised this today and i am hoping that this person can get thier money back and pay it into the proper account. Would it be possible that my old account number will now be someones elses and the money has went into thier account? But the account name and number would have to match for that to happen and i dont think that there will be someone else with the same name with my old account number. And if they cant get thier money back will i still have to send the Dvd player and lose over $100? Any help will be good The money may bounce back to the payer if the account doesn't exist. If it doesn't, contact your old bank, and they should be able to sort it out. Usually the money will go back to the payer, rather than you receiving it directly. |
rogerp (6864) | ||
| 546549 | 2007-05-03 04:38:00 | If they can't get their money back will I still have to send the Dvd player and lose over $100? Any help will be good Difficult situation for you, but yes, you do have to send the DVD player, they followed your instructions and paid in good faith. Your mistake can't cost them the DVD player, because then they would be out of pocket by the purchase price through no fault of their own. It is primarily your responsibility to recover the money since it is your dead account, but you may need their cooperation so I'd keep it friendly and get the DVD player off to them. Hopefully they were smart enough to keep the deposit receipt. If you can't fix it you'll just have to suck it in, but I honestly can't see any reason why you wouldn't be able to sort it out with the bank. Cheers Billy 8-{) |
Billy T (70) | ||
| 546550 | 2007-05-03 04:53:00 | I have sent an email to my old bank and asked if it somehow has gone into another new account with the same number or something else has happened. I am hoping that the money hasnt gone through and has stayed somewhere at the other persons bank and it can be refunded. | zacoman (12207) | ||
| 546551 | 2007-05-03 05:04:00 | Ring the bank. See if it exists still or is someone elses. I had an ASB account ages ago, closed it, went off to 2 other banks, came back and yes, it still existed, wasn't anyone elses, but I got given a different one anyway because I chnaged the type of account. |
pctek (84) | ||
| 546552 | 2007-05-03 05:10:00 | I was thinking maybe the account stil exists but i just cant access it any more. So who would have the rights over the account if the money has gone into it? | zacoman (12207) | ||
| 546553 | 2007-05-03 05:25:00 | The account would still exist as they have to keep records for so many years. It is more than likely inactive though. Example is that I opened a 00 account and did not use it very much so closed it. A few years later I wanted to open it again but could not. I had to open an 01 account and now everytime I go to a ATM have to enter the account as Other and type in 01 because the records for the 00 account still need to exist. |
Big John (551) | ||
| 546554 | 2007-05-03 05:50:00 | I am surprised that the person who made the payment has not been contacted by the bank to let them know that the account "doesn't exist". Get in touch with the buyer and ask them. Do a bit of grovelling for your big mistake, give them the correct number and tell them you will send the DVD player when the money has been deposited into the right account. Be polite and apologetic and they're bound to be understanding. | FoxyMX (5) | ||
| 546555 | 2007-05-03 08:16:00 | I am surprised that the person who made the payment has not been contacted by the bank to let them know that the account "doesn't exist". But it probably does. It will only not allow the payer to do it if it is a non-existent number. He'll just have to ring the bank and explain. Some of them are likely to charge a fee for fixing it. No use hassling the buyer, he did all the right things. My brother paid the wrong account once, he got it reversed by his bank. Don't think they charged him. I once paid the wrong amount. I paid $850 instead of $8.50. Ooops. Panic. They charged me a $25 fee to cancel it. That was PSIS. But this because he gave his old number, will be up to him to contact his bank and explain. Just ring them, the longer its left the worse it is. |
pctek (84) | ||
| 546556 | 2007-05-03 09:25:00 | Banks do NOT recycle closed account numbers. Payments made to closed acounts go to a suspense account at the receiving bank. The bank tries to allocate the funds in the suspense account to a valid account. If no valid account exists, the funds are sent back to the depositing bank. If the deposit was cash (from another bank), the receiving bank may either hold onto the cash for a few days while they try to locate the old account-holder, or may return the cash deposit to a suspense account at the depositing bank. |
johcar (6283) | ||
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