Bank error in your favor
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  1. #1
    us
    Aug 2010
    Illinois
    306
    7 times

    Bank error in your favor

    So I was at the bank yesterday, had gone through two $500 boxes of halves (no silver), kept a few 2009's but replaced those with some halves I keep around to get the total back up to $1000 so I know the machine is right.

    When turning them in I told her there was around $1000 in the bag (I'd tipped it over in the car so wasn't sure I'd found them all). She came back and said there was $1110.18. She paid me that and I was a bit confused. I sometimes get odd numbers of halves from random banks that have some, and I'd gotten some rolls over the weekend but didn't think they were in that batch I turned in, but I have a bad memory. In the car I thought it over more and became more sure that I only had $1000 in those two bags. Well I called them later and told them I thought they gave me back too much money but they said they pay out what the machine says, and it said 1110.18 so I let it drop.

    Later that night the branch manager called me and said they'd audited the machine, and they knew I'd called in and asked and said that the machine was off. I told him that it was off, probably $110 bucks or so. Thanked me and asked if I was a customer, I told him yes and he asked for me to spell my name. Said they'd just debit our account the difference.

    I'm glad I was honest, that's the way I was raised and it is the Christian thing to do. But I am wondering if I hadn't called back in if they'd have known it was I who was overpaid So looks like it is not like monopoly, you don't get to keep it.

  2. #2
    us
    Susan

    Sep 2009
    Virginia Beach
    Minelab
    45

    Re: Bank error in your favor

    Honesty is always the best policy, although it is a rare quality these days. I'm glad to know there are people like you in the world. I would have done the very same thing (and I'm not even Christian, imagine that ). At the very least, you've improved your relationship with the tellers. However, if the only reward you get is knowing you are a good person - that is reward enough in itself. Applause, applause!
    If anyone wants some company on a hunt, I'd love to tag along!

  3. #3
    us
    Feb 2008
    Great Lakes State
    dirtfishing
    10,787
    2717 times
    silver surfing
    Honorable Mentions (1)

    Re: Bank error in your favor

    Yeah, you did the right thing, regardless of the Christian part.
    “They’ll go over like a led balloon.”

  4. #4
    us
    Jan 2010
    1,704
    54 times

    Re: Bank error in your favor

    Well done! You did the right thing. Now something good will happen
    for you. Hopefully it will be a dream box.
    rileyboy

  5. #5
    us
    Getter done

    Sep 2007
    Terra Bella, Ca.
    DFX, IDXPro, MXT, Lobo St., At Pro
    856
    558 times
    All Types Of Treasure Hunting

    Re: Bank error in your favor

    Quote Originally Posted by fistfulladirt
    Yeah, you did the right thing, regardless of the Christian part.
    You just bought your self $110 worth of credibility in that bank and you probably will get just about anything you want now from them. Way to go.

    Integrity, it's not what you do when someone is watching, but what you do when no one is watching.

    By the way I believe the Christian part was the most important part. May God Bless you and your family
    Remember 9-1-1 and all the Fallen Firefighters and Police Officers. Never forget the price they paid for our Freedom.

    God Bless the men and women past, present, and future who serve this country by serving in the military.

    Only two defining forces have ever offered to die for you, Jesus Christ and the American Solider, one died for your soul the other died for your freedom.

    What a shame that scientists will call a cell on another planet "life", but they won't acknowledge a fetus as life until it is born.

    Integrity is doing the right thing when no one is watching.

  6. #6

    Apr 2008
    3,618
    448 times

    Re: Bank error in your favor

    What confuses me about this incident is that it seems like it was you that had to tell them how much it was off ($110?). What about the 18 cents?

    Did they tell you how much it overpaid or did they go by what you said?

    It would seem to me that the only way the machine would overpay one person is if it underpaid another, thus leaving coins that were not counted before but somehow got run in with yours. I don't understand where that 110.18 or whatever it was came from. I can see a machine not counting coins it should but I don't see how it could count coins that didn't exist.

    I know some of the machines I had used in the past had shorted me (especially dimes), but I have never had one count in my favor (except for when a coin from the prior person was stuck in there).

    Most of the time I don't know the actual count of my halves, so I wouldn't know if I was getting too much or not enough. Hearing about inaccurate machines worries me.

    Jim
    R.I.P. Rich Hartford

  7. #7
    us
    Dec 2009
    AR
    Minelab E-Trac
    2,533
    1059 times
    All Types Of Treasure Hunting

    Re: Bank error in your favor

    This happened to me on one of my very first dump runs when I first began to CRH. I didn't have an exact count of what I turned in, but it was all halves and close to $700...give or take maybe $20. The teller returns from the machine and said that I had something like (I don't remember exactly) $770.55. My first thought was that some of my halves got counted as nickels or something and that I got cheated. I quickly realized I was over, not short and told the teller that something was wrong - I only turned in halves, and that while I didn't know exactly, I was pretty sure the total should be closer to $700. She said that it was possible that "some coins got stuck in there and yours knocked them loose. The machine says $770.55 so thats what you get." I kinda felt like a thief, but as she put it, "If the count is wrong, there is no way to determine who the machine shorted. Guess its your lucky day." I guess it was. I continued to use that bank every week for months and they never said anything else about it. But, if it could cheat someone else, it could cheat me. I haven't dumped anywhere since without knowing EXACTLY how much I had.

  8. #8
    us
    Apr 2009
    Cornfield, IN
    F-22, cheapo pinpointer
    1,152
    761 times
    All Types Of Treasure Hunting

    Re: Bank error in your favor

    You did the right thing by letting them know. As FCCDFEd said, you just got a whole bunch of credibility at that bank. I did the same thing one time when the machine jammed on the teller, and she dumped halves that had passed the counter back into the hopper for a second round. It was only $18.50, but I figured that they'd want to know. When dumping halves, I ALWAYS know EXACTLY how much I'm dumping. I've read too many stories about getting shorted.

    Kindest regards,
    Kantuck

  9. #9

    Feb 2007
    Southern Arizona
    Whites DFX with a Big Foot coil
    483
    166 times

    Re: Bank error in your favor

    Just yesterday I had a huge box of pennies. I went through each penny looking for copper and put those in another box. Decided to pay the 3% the credit union charged to use their machine. Started dumping and the machine just gobbled them all up. Printed out a tally, showed pennies, 9 dimes, 2 quarters & 2 Sacagawea dollars. I only had pennies in the box. I told the cashier the machine made a mistake and gave me too much money. She said happens all the time, you win, don't worry about it. OK, the overage more than paid the 3% fee. I asked if it happens all the time what gets done about it. Nothing, she said, some win, and I guess some loose. Today you win. So I won.

  10. #10
    us
    Nov 2005
    North Central Tennessee
    MXT
    925
    140 times

    Re: Bank error in your favor

    Yeah, you did the right thing. Imagine if one of the tellers was being held liable for the shortage. They would be losing money from their paycheck. I don't have any idea if that's the case, but I wouldn't want my spouse to have to make up for a shortage.

  11. #11
    us
    Mar 2010
    Colorado Springs CO.
    Bounty Hunter QS
    4,386
    18 times

    Re: Bank error in your favor

    once i dumped $500 in halves into my dump banks machine, it made some weird loud noises like the halves were spewing all over inside the machine, and i came out w/ $672...i told them, they only gave me the $500 until they audited the bags, and they said the bags were on count, so they gave me the extra $172 i was SOOOO happy!!! they literally paid me $172 to dump
    sh*t happens
    keep it up and hh!
    CHAINCHOMP

  12. #12
    us
    Nov 2008
    4,291
    2 times

    Re: Bank error in your favor

    Good job.
    About 15 years ago I went to deposit $7000.00 into a new savings account and the teller entered 7 million.
    She caught the mistake right away.
    So for about 30 seconds I was a millionaire.
    HH
    Rich
    2011 Finds
    6x War Nickels
    1x Buffalo Nickel
    1x Mercury Dimes
    66x Roosevelt Dimes
    2x Canadian Dimes
    0x Washington Quarters
    15x WLH
    12x Franklin
    46x 1964 Kennedy
    161 x 40% Kennedy

  13. #13
    us
    Aug 2010
    13

    Re: Bank error in your favor

    Stopped in a branch of my credit union a while back. Had $150 in halfs to cash. While they were running them in the counter
    I asked for $20 in nickels. Not paying attention (talking to the teller to much) took my money and the bag with the nickel rolls.
    Ran some errands and went home. Walk in the house and had a message on the machine from the CU. Please call me problem with the nickels we gave you. What could be wrong. Open the bag and started counting. You guessed it not $20 but 20 rolls. Thought it was a heavy bag. Teller was relieved and not a bad bunch. 1 war , 1 buff, and 4 pre-60.

  14. #14
    us
    Oct 2010
    San Antonio, Texas
    40

    Re: Bank error in your favor

    Just had a little something like this happen to me yesterday. Went to cash in one box so that I could go pick up the second, kept one roll in my pocket since the roll was loose and I didn't want the teller to spill it and have to wait on her to find/recount the roll. So she thought i was turning in $510 in halves. She gave me $510, but i explained to her that the box was one short. She smiled said thank you and asked for the next customer
    Sadly no good karma followed me as the second and final box of 2010 was a skunker.

  15. #15
    us
    Aug 2010
    Illinois
    306
    7 times

    Re: Bank error in your favor

    Quote Originally Posted by jim4silver
    What confuses me about this incident is that it seems like it was you that had to tell them how much it was off ($110?). What about the 18 cents?

    Did they tell you how much it overpaid or did they go by what you said?
    ...
    Jim
    I figured they didn't clear the previous customers count before they dumped in mine, so it said $110.18 and then they added in my $1000.

    Thanks for all the encouragement, it really is the right thing to do and I'm glad to hear there are others out there that have had the same thing happen and have spoken up.

    Bank said they'd call me back yesterday and tell me how much they deducted from my account, they never did but I saw a $100 debit on my account via the online banking, so I guess they just rounded it.

 

 
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