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Citigroup Mistakenly Credits $81 Trillion To Customer Account - Business (4) - Nairaland

Nairaland ForumNairaland GeneralBusinessCitigroup Mistakenly Credits $81 Trillion To Customer Account (31883 Views)

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Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by 9jii(m): 11:08am On Mar 01, 2025
Olachase:
Person never do mistake credit my account before

But you see that call it's uncountable

one just call wake me up around 2:30AM guess who na Aboki from Sokoto, I told him wrong number, but be like him no understand English

I hang up the call, the man called again I picked

I kuku leave the on call this man was there for like 20 mins

Those guys too mumu abeg🤧🤧
Peter Obi's people.
You can't even see the blatant display of ignorance in your comment and you call somebody mumu. You and your kind will forever be complainers in this country and beyond. Message from sokoto.
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by uniquetechng: 11:11am On Mar 01, 2025
zed7:
Unbelievable. How do you mistakenly post 81 trillion dollars? Who even has 81 trillion dollars?

What's the total net worth of citibank? Perhaps, they mean another currency.
A can can worth $436bn but have customers with $100trn total deposits, there is difference between a bank's worth and customers money deposited in the bank.

Fidelity bank can have total capital base of N38bn then have for instance Dangote with N40bn, Otedola with N30bn, Adenuga with 10bn as major customers. Then also many multinationals and miilionares with combined deposits of N200bn.
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by hkidola00(m): 11:18am On Mar 01, 2025
dont try saudi,kuwait ad bahrain.. dont listen to official journal
tunjijones:
.81 trillion dollars?

No entity in this world is worth as much as that.

I don't even think America govt is worth that much.

Below is the worth of richest countries in the world

- *1. United States*: $139.8 trillion
- *2. China*: $84.5 trillion
- *3. Japan*: $22.6 trillion
- *4. Germany*: $17.4 trillion
- *5. France*: $16 trillion
- *6. United Kingdom*: $15.9 trillion
- *7. India*: $15.3 trillion
- *8. Canada*: $11.2 trillion
- *9. Italy*: $11 trillion
- *10. South Korea*by: $9.8 trillion
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by Codes151(m): 11:18am On Mar 01, 2025
If na them. Dem fit reverse

If na customer. They no fit.
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by alfarouq(m): 11:20am On Mar 01, 2025
I dont think Citigroup has that much money in their name. This has brought to fore the scam in banking sector where banks can credit an account with numbers even when they currently don't have that much in their possession
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by Nobody: 11:28am On Mar 01, 2025
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by mixta140: 11:51am On Mar 01, 2025
VeeVeeMyLuv:
I laff when ignorant people here say banker work is becoming useless grin grin
Them say $81tr and you believe asap cus na bank ... Whats the network of the total bank itsself
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by mixta140: 11:51am On Mar 01, 2025
oz4real83:
No bank or organisation in the world is worth that amount, none can even afford it, the GDP of America isn't up to that amount, the gdp of Europe is not up to it, the gdp of BRICS isn't either shocked
You dey mind them
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by themanderon: 11:51am On Mar 01, 2025
sofeo:
Great mistake.
Next is to freeze the account, if U.S self see that kind money, they become debt free and more powerful.
US debt is not meant to be repaid since they can just print their dollar out of thin air.
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by GigFc(m): 11:54am On Mar 01, 2025
Must be more of a code error than actual cash error. Even the US debt isn't as big as that.
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by Drella: 12:19pm On Mar 01, 2025
zed7:
Unbelievable. How do you mistakenly post 81 trillion dollars? Who even has 81 trillion dollars?

What's the total net worth of citibank? Perhaps, they mean another currency.
ACCOUNTING 101

That net worth is only the Equity value of the business. We still have Assets and Liabilities to account for that make up part of the $81 trillion(Assets - Liabilities = Equity).

The Liabilities made up most of the $81 trillion because Citigroup is a bank, they have customers’ money with them which is a Liability.
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by Drella: 12:22pm On Mar 01, 2025
themanderon:
US debt is not meant to be repaid since they can just print their dollar out of thin air.
I hope you are being sarcastic.

You don’t just print money out of the thin air because your currency will devalue as there’s no scarcity, and will mess your economy up!
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by Drella: 12:25pm On Mar 01, 2025
oz4real83:
No bank or organisation in the world is worth that amount, none can even afford it, the GDP of America isn't up to that amount, the gdp of Europe is not up to it, the gdp of BRICS isn't either shocked
Citigroup is not only in US, they’re a multinational firm. They are even present in Nigeria.

Add up the value in all countries they’re operational, and you have your answer.
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by RealNiggaDee(m): 12:27pm On Mar 01, 2025
tunjijones:
.81 trillion dollars?

No entity in this world is worth as much as that.

I don't even think America govt is worth that much.

Below is the worth of richest countries in the world

- *1. United States*: $139.8 trillion
- *2. China*: $84.5 trillion
- *3. Japan*: $22.6 trillion
- *4. Germany*: $17.4 trillion
- *5. France*: $16 trillion
- *6. United Kingdom*: $15.9 trillion
- *7. India*: $15.3 trillion
- *8. Canada*: $11.2 trillion
- *9. Italy*: $11 trillion
- *10. South Korea*by: $9.8 trillion
What of Russia?
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by grandstar(m): 12:37pm On Mar 01, 2025
I did my maths and discovered if an interest of .001% interest was paid on the money, that would be $8bn.

Imagine, if Citi group had paid him that interest or divided by 365days, that would be $22m

The account owner could easily monetize it by appearing on TV. He could even set up a Tiktok account.
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by Drella: 12:42pm On Mar 01, 2025
9jii:
Peter Obi's people.
You can't even see the blatant display of ignorance in your comment and you call somebody mumu. You and your kind will forever be complainers in this country and beyond. Message from sokoto.
He’s not lying. It’s mostly Abokis that call wrong number.
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by lagosrd: 12:42pm On Mar 01, 2025
dre11:
https://www.cbsnews.com/news/citi-mistakenly-credited-

81-trillion-to-customer-account/
Had it been its my country now, by the time you return the money , their charges they will wipe out your entire account . awon ole gbogbo
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by ashawopikin(m): 1:41pm On Mar 01, 2025
TUANKU:
81 what? shocked
trillion dollars, just imagine that in naira shocked shocked
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by Free2Fly: 1:50pm On Mar 01, 2025
zed7:
Unbelievable. How do you mistakenly post 81 trillion dollars? Who even has 81 trillion dollars?

What's the total net worth of citibank? Perhaps, they mean another currency.
The money wasn't transferred before it was detected!

You guys don't read and that's very unfortunate
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by Free2Fly: 1:53pm On Mar 01, 2025
CodeTemplar:
Weak chhecks n balance in place lol.
Wasn't it their check and balance that detected it before it could be transferred?

Almost everyone that has commented so far proved he didn't read the news or read but didn't understand it.

Nawaoo

Make una try dey read small small for Nigeria nah
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by Konjiboii: 2:10pm On Mar 01, 2025
Omo if na me I go chop the money in that short hour anything when wan happen make e happen.
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by sevo(m): 2:11pm On Mar 01, 2025
oz4real83:
No bank or organisation in the world is worth that amount, none can even afford it, the GDP of America isn't up to that amount, the gdp of Europe is not up to it, the gdp of BRICS isn't either shocked
Oga calm down, if you don't know how financial transactions are done, you keep quiet...instead of yarning nonsense....you think say the citigroup account Dem debit before Dem credit the customerhuh It clearly says in the thread that the Transaction happened between two ledger account
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by Sicklebear28: 2:42pm On Mar 01, 2025
tunjijones:
.81 trillion dollars?

No entity in this world is worth as much as that.

I don't even think America govt is worth that much.

Below is the worth of richest countries in the world

- *1. United States*: $139.8 trillion
- *2. China*: $84.5 trillion
- *3. Japan*: $22.6 trillion
- *4. Germany*: $17.4 trillion
- *5. France*: $16 trillion
- *6. United Kingdom*: $15.9 trillion
- *7. India*: $15.3 trillion
- *8. Canada*: $11.2 trillion
- *9. Italy*: $11 trillion
- *10. South Korea*by: $9.8 trillion
Russia self no dey the first ten.
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by themanderon: 2:50pm On Mar 01, 2025
Drella:
I hope you are being sarcastic.

You don’t just print money out of the thin air because your currency will devalue as there’s no scarcity, and will mess your economy up!
You will be too surprised that America can. Google the history of their financial system. The bretton woods agreement and why Nixon had to suspend countries demanding their gold to defend the dollar.
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by Powersurge: 3:27pm On Mar 01, 2025
oz4real83:
No bank or organisation in the world is worth that amount, none can even afford it, the GDP of America isn't up to that amount, the gdp of Europe is not up to it, the gdp of BRICS isn't either shocked
You obviously don't know how global banking system work.

You don't have to have the money or worth the it
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by Quebec91(m): 3:39pm On Mar 01, 2025
cheesy
ruggedtimi:
Richest man ever in 1hr.
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by kaywhy09(m): 4:02pm On Mar 01, 2025
God when
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by fabolouz1(m): 4:13pm On Mar 01, 2025
This isn't April 1.
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by ifud(m): 4:25pm On Mar 01, 2025
Me wer dey hold my debit card for hand. I for been don touch the money small.
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by 9jii(m): 5:04pm On Mar 01, 2025
Drella:
He’s not lying. It’s mostly Abokis that call wrong number.
When you are obsessed with Abokib matters even Your language sounds Hausa to you.
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by samwash(m): 5:43pm On Mar 01, 2025
ZUBY77:
Relax. Those were just figures. The bank itself might not have that kind of money.

I went to deposit $17,000 to a bank in Lagos here last week, they credited $170,000. I had to point it out to them through the alerts before they corrected it. They told me they would have found out anyway.
Mistakes can be made, what am trying to say is that it took them longer time to figure it out.
Big money transfer in banks always pass through up to three different offices for authorization before it's finally posted.
Moreover don't they do daily transaction call-over before each day work begins.
Re: Citigroup Mistakenly Credits $81 Trillion To Customer Account by oz4real83(m): 6:11pm On Mar 01, 2025
sevo:
Oga calm down, if you don't know how financial transactions are done, you keep quiet...instead of yarning nonsense....you think say the citigroup account Dem debit before Dem credit the customerhuh It clearly says in the thread that the Transaction happened between two ledger account
I just had time now to check my phone and was tempted to insult you same way you did after reading your comment, but that will make me just like you... Learn to make your comments without insulting people , it doesn't tell well of your upbring.
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