You're at the cash machine....

[Dude111]

You're at the cash machine and a whopping $300 comes out.

What do you do?

[GentlemanJim]

You have not given enough information to make a decision properly.

Where does the bank sit on the "woke" spectrum?

[Yong Fang]

This happened to me when I lived in Las Vegas thirty years ago. I forgot the amount I imputted to withdraw but an extra zero was added on and got more money than what was in the account. I think it was on a weekend and went back on Monday to return the money.

There has been stories of banks accidentally putting in a million dollars into Joe Blow's bank account who had $30 in there, Blow sees it and goes nuts figuring he won the lottery and spends most of the windfall, then the bank figures out the error and who has the money and wants it back, and then poor Blow goes to jail because he doesnt have the money.

This is a true story, you can find examples online.

[Dude111]

Good thing you took it back,if you accidently took more than your acct had Im sure you would have heard from them!!!

[River Jordan]

Originally Posted by Yong Fang

This happened to me when I lived in Las Vegas thirty years ago. I forgot the amount I imputted to withdraw but an extra zero was added on and got more money than what was in the account. I think it was on a weekend and went back on Monday to return the money.

There has been stories of banks accidentally putting in a million dollars into Joe Blow's bank account who had $30 in there, Blow sees it and goes nuts figuring he won the lottery and spends most of the windfall, then the bank figures out the error and who has the money and wants it back, and then poor Blow goes to jail because he doesnt have the money.

This is a true story, you can find examples online.

The first instance I have read about this happening was when I read about this in the news when I was 15, so 23 years ago! Time flies! So, in the news, a guy had about $100 in his bank account. He went to the ATM to make a withdrawal and he saw his balance said he had about 1 MILLION in his bank account. He knew he had roughly $100 previously and hadn't put $1 MILLION in his bank. He was planning to go on a wild spending spree with the roughly MILLION, but his wise wife stopped him and pointed out that money was obviously a glitch/error and said the bank would be looking to get that money back and if he spent it, he'd be possibly looking at jail time for Grand Theft. He listened to her, didn't go on the wild spending spree and lo and behold, wise wife was completely right. It was a glitch/error, and the bank took back the extra money and pointed out he would have gotten jail time for Grand Theft if he had spent that money. He thanked his wife for stopping him from spending that money.

In another instance, another Couple did exactly what the guy's wise wife stopped him from doing when they found about $120,000 in an account they had about $100. But they did WISE decisions with that extra money, not go on wild spending spree like the guy in the first news story planned to do before his Wife prevented him. The money was a lot less however(Guy in the first news story had an extra MILLION, the Couple in this story had an extra $120,000. They paid bills, got Friends out of financial trouble, and only bought a single new truck. IIRC. The bank told them the money was an error and asked for it back. They didn't have it as they spent it on bills, the new truck , and giving some to their friends to help the friends out financially. They received jail time for Grand Theft IIRC.

[GentlemanJim]

So, if you were trying to withdraw $500, but a "whopping" $300 came out, just how motivated would you expect the bank to be, to make restitution to you?

Alternately, if you were withdrawing $200, and a whopping $300 came out, does the receipt reflect $200, or $300?

[Caroline13]

Good grief, this post has been so changed with this version, that version.

Here is my version, since I never used a "machine" and this happened face to face in my bank, I would certainly mention it, but I don't think it would happen face to face....only a machine...

[stevea]

Originally Posted by Caroline13

Good grief, this post has been so changed with this version, that version.

Here is my version, since I never used a "machine" and this happened face to face in my bank, I would certainly mention it, but I don't think it would happen face to face....only a machine...

It did happen to me recently in a transaction, face to face. They shorted me a fair amount of cash in a withdrawal, the ONE time the teller didn't count it out and I didn't demand it. The teller was working at the drive-thru, out of my sight.

I went back the next day, and their drawer was out of balance by that amount. So they were waiting, not checking camera footage, etc. What would they be doing had they dispensed too much cash? Probably going thru camera footage trying to nail the teller involved.

Back on topic, if the ATM dispensed an incorrect amount of cash, I think I'd go inside and report the problem.

[Dude111]

Originally Posted by GentlemanJim

You have not given enough information to make a decision properly.

Ah man!!

[Babalu]

In the 80's, $300 may have been 'whopping', but not today.

At least not for me. I rarely take out less than $500 just so I don't have to bother going too often.

I pretty much pay everything with a credit card but pay my cleaning lady etc. with cash.

[GentlemanJim]

Has anyone noticed how it's always the banks who feel compassion for the less fortunate? Feeding the hungry and sheltering the homeless.....

Me neither. Banks are the center of the "kick you in the nuts, because I can" universe, where whoever dies with the most toys wins, and lack of ruthlessness is branded stupidity.....so I'd feel very little sorrow over their loss.

If such an error was a result of computer error, and of such proportion to be obvious (giving me thousands of dollars more than the balance of the account can cover) then yeah, I'd turn it in.

But if my transaction receipt was accurate, and it just appeared that a few bills must have stuck together. making my cash in hand part of the transaction a tad generous.....well gee, I guess I failed to notice.

[Dude111]

In todays world it would really be nice seeing someone return it!

People know there are more cameras about then ever now so that might make them more likely to return it....