Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,199,628 members, 7,972,330 topics. Date: Friday, 11 October 2024 at 09:11 AM

Over-compensated By Bank, Some Advice Pls - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Over-compensated By Bank, Some Advice Pls (478 Views)

10 Million Naira Business Loan Opportunity By Bank Of Industry / Attn. CBN: Money Scarcity In Banks Is Aided By Bank Staff Having POS Terminals! / I'm About To Start An Online Retail Business. Please I Need Some Advice. (2) (3) (4)

(1) (Reply) (Go Down)

Over-compensated By Bank, Some Advice Pls by ogoloray(m): 1:20am On Dec 17, 2018
morning y'all...

I need some advice on an experience I recently had with zenith bank...

two weeks ago I tried to withdraw some amount of money (20,000) from a UBA ATM machine, using my zenith card. unfortunately, I the machine didn't dispense any cash yet I was debited of the amount (20k), so I lodged a complaint at zenith, and I was told to wait 10-15 working days.

to cut long story short, on the 15th day, I got an alert of reversed transaction in the amount of 20k.

but the next day I was credited again, making it 40, instead of 20. so I immediately withdrew the money, because I had once transferred 50k to a wrong account and the bank couldn't help me recover my money.

so I wanna know, will I be debited again as per correcting their mistake, or am I getting away with the extra 20k

some advice pls
Re: Over-compensated By Bank, Some Advice Pls by Izabel(f): 2:43am On Dec 17, 2018
Just hope they don't deduct it when you're in dire need of cash
Re: Over-compensated By Bank, Some Advice Pls by LisaAnne(f): 2:50am On Dec 17, 2018
they can withdraw it next year
Re: Over-compensated By Bank, Some Advice Pls by LaDolceVida(f): 3:07am On Dec 17, 2018
overcompensated in Nigeria ?
they'll surely collect it back
Re: Over-compensated By Bank, Some Advice Pls by op4real(m): 3:41am On Dec 17, 2018
ogoloray:
morning y'all...

I need some advice on an experience I recently had with zenith bank...

two weeks ago I tried to withdraw some amount of money (20,000) from a UBA ATM machine, using my zenith card. unfortunately, I the machine didn't dispense any cash yet I was debited of the amount (20k), so I lodged a complaint at zenith, and I was told to wait 10-15 working days.


to cut long story short, on the 15th day, I got an alert of reversed transaction in the amount of 20k.

but the next day I was credited again, making it 40, instead of 20. so I immediately withdrew the money, because I had once transferred 50k to a wrong account and the bank couldn't help me recover my money.

so I wanna know, will I be debited again as per correcting their mistake, or am I getting away with the extra 20k

some advice pls


The second 20k credit you called overcompensation will surely be reversed from your account once they carry out their transaction call over for that day. Even if the reversal does not meet fund in your account to effect the deduction, a sort of standing order or value blockage will be placed on your account such that any day amount up to that 20k passes through your account, system will automatically block it for reversal.
Re: Over-compensated By Bank, Some Advice Pls by MANNABBQGRILLS: 4:01am On Dec 17, 2018
You will surely pay it back!
Re: Over-compensated By Bank, Some Advice Pls by CuddleBear(f): 9:28am On Dec 17, 2018
LisaAnne:
My bank should over compensate me abeg they can withdraw it next year
that can be painful
Re: Over-compensated By Bank, Some Advice Pls by dragnet: 9:48am On Dec 17, 2018
ogoloray:
morning y'all...

I need some advice on an experience I recently had with zenith bank...

two weeks ago I tried to withdraw some amount of money (20,000) from a UBA ATM machine, using my zenith card. unfortunately, I the machine didn't dispense any cash yet I was debited of the amount (20k), so I lodged a complaint at zenith, and I was told to wait 10-15 working days.

to cut long story short, on the 15th day, I got an alert of reversed transaction in the amount of 20k.

but the next day I was credited again, making it 40, instead of 20. so I immediately withdrew the money, because I had once transferred 50k to a wrong account and the bank couldn't help me recover my money.

so I wanna know, will I be debited again as per correcting their mistake, or am I getting away with the extra 20k

some advice pls

what you did is criminal and you can go to jail for it, the reason you gave isn't tenable.

Return the money to your account and send them a mail about the excess payment.

(1) (Reply)

Wholesale: Kitchen Wares As Wedding Gift Or Corporate Gift Accessories / Tony Elumelu Enterpreneurship Program (TEEP) 2019 Application Guideline / Jumia Food MD In Police Custody

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 15
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.