What happens if a bank mistakenly pays money into an account?
Shared by Racquel:
A transfers money from his account to B’s account (another bank), A does this via his bank, his bank mistakenly takes sum of money twice from his account. A speaks to his account and they refund the money to him as well as compensation for the mistake. In the meanwhile B has received 2 payments from A. A is now asking for sum of money from B even though he has received money back from bank. What are the legal implications for B?
A transfers money from his account to B’s account (another bank), A does this via his bank, his bank mistakenly takes sum of money twice from his account. A speaks to his account and they refund the money to him as well as compensation for the mistake. In the meanwhile B has received 2 payments from A. A is now asking for sum of money from B even though he has received money back from bank. What are the legal implications for B?
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