It is easy for an approved source to set up a DD to your account. But part
of the reason for this is it is also easy to get back any money debited
incorrectly. So not easy at all to steal money from your account in this
*IF ONE SYNCHRONIZED SWIMMER DROWNS, DO THE REST DROWN TOO?
Dave Plowman email@example.com London SW
details a charity managed to take £500 from his account.
I don't think the charity took his money, rather someone fraudulently
set up a donation to the charity. If he'd reported it the money would
be refunded no questions asked, whether he did that, or decided he
didn't want a "tight-arse Clarkson takes money back from charity" story
doing the rounds.
i wouldn't be claiming the money back. I was agreeing (or not) to pay it.
Whether I asked for it back or not would depend on which charity and what
its object were and whether I agreed with those objects.
On Friday, January 12, 2018 at 3:22:56 PM UTC, whisky-dave wrote:
charity managed to take £500 from his account.
es to get it and sending a cheque (recorded or not) isn't that much hassle
But surely the problem with a cheque is that it can be reversed later, even
though the money has appeared in your account as 'availabvle funds'.
On Saturday, January 13, 2018 at 12:32:36 PM UTC, firstname.lastname@example.org wrote:
a charity managed to take £500 from his account.
akes to get it and sending a cheque (recorded or not) isn't that much hassl
e for most.
en though the money has appeared in your account as 'availabvle funds'.
One example how this can happen is that someone steals a chequebook and wri
tes a cheque to you. It will probably clear and you apparently get the fun
ds. But it can get reversed once the crime has been detected, which migh be
some time afterwards (but not beyond 7 years).
On Sat, 13 Jan 2018 13:50:21 +0000, Peter Parry wrote:
There was a story back in the 90s in a Sunday newspaper about a company
that went bust. The Inland revenue just reversed the last 2 months salary
payments from the staffs bank accounts. Apparently the company should not
have paid them, being insolvent, and the Inland revenue had that power.
On Sun, 14 Jan 2018 11:00:53 -0000 (UTC), Jethro_uk
When banks decided to get rid of the cheque guarantee scheme they were
told to find an equivalent system which ensured clawbacks could not be
made after the cheque had fully cleared. The "new" system came into
use in Nov 2007 and effectively guaranteed any cheque paid in once 6
days had elapsed (clawbacks can still be made within the 6 day
clearance period). The cheque guarantee scheme ended in June 2011.
On Sun, 14 Jan 2018 12:18:22 +0000, Peter Parry wrote:
The story I read made the point that it was Inland Revenue powers - top
recover monies owed them - that permitted the "grab". The banks had no
option but to comply.
Obviously some people then went overdrawn - with all the associated
It may have been an edge case. However I would wager that rather than
being *less* likely, 20+ years on, it's probably more likely. What with
all the terrorism powers available to the state.
In fact, with the ongoing (questionably legal) Home Office crackdown on
immigrants (where banks are required to freeze all accounts of people
with funny names) it's arguable that the least safe place for money in
the UK is a bank.
On Sun, 14 Jan 2018 16:21:58 -0000 (UTC), Jethro_uk
And what did the inland revenue do to get money from those former
employees who for various reasons had innocently closed those bank
accounts and opened others with banks or building societies?
Given a reasonable number of people some will have done so especially
if losing their job meant a move elsewhere and getting a new bank the
need to move having broken the inertia to change.
I reckon its just a story and those special powers existed as much
Such powers probably do exist for insolvencies because they'e a
golden opportunity for last minute dodginess such as selling off
stock to your mate for next to nothing, paying friends vast
amounts for poorly documented overtime, buying goods from pals at
vastly overinflated prices, and so on.
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