Quote:
Originally Posted by Mickey76
I agree the number of bank errors is quite surprising. In the early 2000’s i was going to purchase an ATV for $2500 and I went to the bank to get a draft. I had maybe 3000 in the account, anyways they gave me a draft for $25000. I was driving to pick up when I noticed (same day though) I can’t believe that there wasn’t some kind of alert when that happened.
I also recently transferred about 10,000 from one account to another and it took nearly 1 month for it to come out of my account. It was very odd.
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This happened to my sister as well when she was a kid. $100k+ deposited into her "young savers" type account. The fact that her $200 in birthday money was now six figures should probably have raised a flag somewhere. They ended up letting her keep the interest it earned while they figured it out, which was a few hundred dollars iirc.
I wonder if they've gotten better about this since computers. The case I'm mentioning was ~20-25 years ago.