I went to a first bank branch somewhere in the east, to make a dollar deposit and also transfer from my dollar account to another.

I asked where I could do dollar transfer and I was asked to go meet the first cashier. I went and stood in line for 1 hour, when it finally got to my turn, I was told to go meet another cashier. While I was waiting for my turn, a woman was vexed and shouting . It happened that the woman wanted to deposit or rather deposited 200 dollars in her account. She got home and got a credit alert that 200 naira was paid into her naira account. She came and was told her dollar account was dormant or she made a mistake and gave her naira account number. She said if she made a mistake why will they credit her account with 200 naira when she paid dollars. After all the noise a senior manager tried to calm her down and took her to his office.

I said finally it's my turn. I have him the money I wanted to deposit and also the transfer form. I got home, called the company and said I have transferred, they said they have not received maybe it has not been posted.

The next day I called to know why they have not acted on the transferred fund. They said they got that amount I claim I paid yesterday, but was not in my company name. They asked me which name the I use to do th r deposit, I told them it was a transfer from account to account. They said I should check the name again, maybe it was my wife that paid in on my behalf, I could not understand the story. I said which wife I am not married, and I did not pay cash but transfer.

They said I should go to the bank and find out. I went to the bank, met the guy and he said he sent the money he can see the money left my account and its in the destination account. I called and told them the money was in their account, they said they got the sum I said I transferred but not in my company name.

I went back to the bank and told the guy what these people are saying. He looked at my account and said he made a mistake and used the name of the woman who was shouting yesterday to do the transfer. So he gave me the woman's name and I called and gave them the name and they confirmed.

I decided not to take it up since somebody's job could be at stake. But what I need you guys to help me understand, is how another person's name can be used to transfer money out of my account to another person's account.

Is It possible that another person can use their name and my signature to transfer from my account to another?

Hahahahahah, first bank again.....

Thank God am not using first bank.....first bank ko, second bank in.....

SilentVboy:
Hahahahahah, first bank again.....

Thank God am not using first bank.....first bank ko, second bank in.....

Easy bro

Dingbang abi what's your name. Coman hansa

SilentVboy:
Hahahahahah, first bank again.....

Thank God am not using first bank.....first bank ko, second bank in.....

bro u funny which one be second bank

The money was deposit into your account got transferred into the woman that was shouting account so as to calm her down and later transferred to the final destination. The woman will only received credit alert but she wouldn't receive debit alert made through transfer to the company you partner with.

heryur:
The money was deposit into your account got transferred into the woman that was shouting account so as to calm her down and later transferred to the final destination. The woman will only received credit alert but she wouldn't receive debit alert made through transfer to the company you partner with.

I really don't understand. The money I deposited was far above $200 so if she got alert of credit, she would wonder how. What i don't understand is how I will fill a transfer form from my account to another account and transfer will be made in another person's name.

mekaboy:


I really don't understand. The money I deposited was far above $200 so if she got alert of credit, she would wonder how. What i don't understand is how I will fill a transfer form from my account to another account and transfer will be made in another person's name.

It was possible because the account used to transfer the money to the company has up to the amount you intend to trade with and your own deposit made will be credited back to the account used for the transfer inorder to balance the account. I'm not a banker just my own point of view according to the scene narrated and for your information those banker do a lot of stuff with the money remitted in the account which they know it can be withdrawn without some process follows especially during the time of MMM.

The best bank in Nigeria is WEMA BANK. They take care of you. No stupid queues or long lines. Thier ATM's never lack money. Pays good interest. Just hope they dnt change when they become too big.