Legal CASH question
Discussion
Any legal types out there.?
My bank has paid a large sum of money into my limited company bank account and have just realised there mistake. They have written to me asking for permission to take it out of my account.?
Anybody know where I stand legally.? Can I tell em to nob off and spend it.?
My bank has paid a large sum of money into my limited company bank account and have just realised there mistake. They have written to me asking for permission to take it out of my account.?
Anybody know where I stand legally.? Can I tell em to nob off and spend it.?
A company I worked for years ago just at the end of March (funnily enough) re-ditributed a load of cash to a load of valeters bank accounts, each one got around £30K!!
Most employees were honest and gave the cash back but 2 of them legged it with the money.
Very funny at the time, but very illegal as well I think.
Matt.
Most employees were honest and gave the cash back but 2 of them legged it with the money.
Very funny at the time, but very illegal as well I think.
Matt.
I once had my accountant credit my company's account with a tax refund that was actually meant for another client. Very embarrassing.
He humbly asked for it back, and in the interests of not falling out with my accountant, I returned the money. It was less than £100 though.
Going back to pseudo's dilemma, then its clear that if the bank are asking for the money back, it might be in your interests to do so.
Legally though? Legally I think you could simply say that it was a gift and that you are under no obligation to return it. You may even win, but you'd probably use up the £35k in legal fees, the bank would then tell you they don't want you as a customer any more, and you could find that none of the other banks do either.
However, it does beg the question, what would you have done if they hadn't discovered the error?
>> Edited by JonRB on Thursday 11th July 15:50
He humbly asked for it back, and in the interests of not falling out with my accountant, I returned the money. It was less than £100 though.
Going back to pseudo's dilemma, then its clear that if the bank are asking for the money back, it might be in your interests to do so.
Legally though? Legally I think you could simply say that it was a gift and that you are under no obligation to return it. You may even win, but you'd probably use up the £35k in legal fees, the bank would then tell you they don't want you as a customer any more, and you could find that none of the other banks do either.
However, it does beg the question, what would you have done if they hadn't discovered the error?
>> Edited by JonRB on Thursday 11th July 15:50
quote:
The best bit is the money was from the VAT man. I called them and they weren't interested.
That's right - the trolls who answer phones at C&E don't give a shite what you tell them on the phone.
The don't listen because they assume you're telling them that you're going to rape their children then cook them at your village fete..
Then they guys behind the scenes find out and you're fcuked.
AFAIK, Customs & Excise have more powers than any other organisation in England - they can come in your house anytime of day or night - no warrant required. They can hold you without charge for much longer than plod can and they can sell your house while you're in custody if you really get on their tits.. with your family still in it.
I kid you not. Don't screw with Customs & Excise.
>> Edited by CarZee on Thursday 11th July 15:51
No officer, I had no idea there was an extra £35k in my account 
This happened to me a few years ago and I asked advice. Legally I had to pay it back, so I resisted as long as I could and then returned it minus an "administration fee" along with an invoice. Never heard a peep out of them and it gave me some satisfaction to have given them a taste of their own medicine. 
Mind you, a "Thank you" would have been nice.
Mind you, a "Thank you" would have been nice. If you can still get the money out, then do it and pay them back in instalments over a long period of time. You really didnt check to ensure it was your money as it could have been from customers etc and you have no longer got all of it to pay back. Interest free loan I think is what it'll amount to.
Gassing Station | General Gassing [Archive] | Top of Page | What's New | My Stuff