intentions
Junior Member
What is the name of your state? California
I made a deposit at my bank to my checking account (a well known banking institution). Three months later, I noticed a $600 withdrawl on my statement but didn't recognize the name for the debtor. When I called my bank to see who the money was paid to, I was told my bank took the money out. I was not notified of any intention to withdraw by my bank, nor did I give permission. Upon investigation, my bank stated that I made a deposit in error by entering the deposit as $800 (for example) but only deposited $200. In fact though, I had deposited two checks totaling the entire $800 correctly. It was the bank that erroniously entered my $700 check as only a $100 deposit. This error by them caused me to be short of funds when I needed the money and it took a great deal of time and effort on my part to get the money back from them. Is this legal for them to do? Do I have any further recourse available? If the tables were turned, they would have charged me interest!What is the name of your state?
I made a deposit at my bank to my checking account (a well known banking institution). Three months later, I noticed a $600 withdrawl on my statement but didn't recognize the name for the debtor. When I called my bank to see who the money was paid to, I was told my bank took the money out. I was not notified of any intention to withdraw by my bank, nor did I give permission. Upon investigation, my bank stated that I made a deposit in error by entering the deposit as $800 (for example) but only deposited $200. In fact though, I had deposited two checks totaling the entire $800 correctly. It was the bank that erroniously entered my $700 check as only a $100 deposit. This error by them caused me to be short of funds when I needed the money and it took a great deal of time and effort on my part to get the money back from them. Is this legal for them to do? Do I have any further recourse available? If the tables were turned, they would have charged me interest!What is the name of your state?