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Accidentally Transferred Money to Estate Agent

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  • 09-04-2017 6:42pm
    #1
    Kneebreaker
    Registered Users Posts: 21 ✭


    Closing on our house on Tuesday. Had to transfer the balance, €20000, to my solicitor on Friday. Long story short, I accidentally transferred the money to the estate agent's account. Estate agent isn't open til the morning but surely that money will be returned? Causing me some stress at the minute


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    #2
    Samuel T. Cogley
    Registered Users Posts: 10,684 ✭✭✭✭Samuel T. Cogley


    They'll tranfer it back for you. It's your money, the solicitor cocked up with us back in the day and we had to give it back :(

    So glass of wine, deep breath and don't worry :pac:

    Good luck with the move!


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    #3
    Pawwed Rig
    Moderators, Category Moderators, Home & Garden Moderators, Recreation & Hobbies Moderators Posts: 22,384 CMod ✭✭✭✭Pawwed Rig


    Might take a week or 2 for them to transfer it back.


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    #4
    sunny2004
    Registered Users Posts: 2,538 ✭✭✭sunny2004


    Agree with Samuel. nothing to worry about .


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    #5
    Samuel T. Cogley
    Registered Users Posts: 10,684 ✭✭✭✭Samuel T. Cogley


    Pawwed Rig wrote: »
    Might take a week or 2 for them to transfer it back.

    To be fair if they're the EA in question and the OP doesn't have another 20K to play with I'm sure they'll work something out.


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    #6
    Millem
    Registered Users Posts: 7,729 ✭✭✭Millem


    Don't worry they will give it back. It may take a few days though.


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    #7
    Pawwed Rig
    Moderators, Category Moderators, Home & Garden Moderators, Recreation & Hobbies Moderators Posts: 22,384 CMod ✭✭✭✭Pawwed Rig


    Samuel T. Cogley wrote: »
    To be fair if they're the EA in question and the OP doesn't have another 20K to play with I'm sure they'll work something out.

    You would hope so but the transfer will take a few working days to clear in both directions. With a bank holiday weekend coming up and Good Friday on the mix we could be talking 2 weeks minimum. The EA would be crazy to transfer the funds back before he had access to them.


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    #8
    whoopsadoodles
    Closed Accounts Posts: 5,058 ✭✭✭whoopsadoodles


    Pawwed Rig wrote: »
    You would hope so but the transfer will take a few working days to clear in both directions. With a bank holiday weekend coming up and Good Friday on the mix we could be talking 2 weeks minimum. The EA would be crazy to transfer the funds back before he had access to them.

    I'm not sure about with other banks, but with permanent TSB they guarantee that same bank transfer will be immediate and other bank transfers will be next working day. I assume all Irish banks are the same?

    I've even had international (non EU) transfers arrive in my bank the following working day.

    So it could be done very swiftly if the EA wants to.


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    #9
    Paulw
    Registered Users Posts: 13,381 ✭✭✭✭Paulw


    Mod note: You can't open the same thread on multiple sections of boards.

    Tomorrow, contact your bank and the estate agent.


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    #10
    The_Conductor
    Moderators, Society & Culture Moderators Posts: 32,285 Mod ✭✭✭✭The_Conductor


    Kneebreaker wrote: »
    Closing on our house on Tuesday. Had to transfer the balance, €20000, to my solicitor on Friday. Long story short, I accidentally transferred the money to the estate agent's account. Estate agent isn't open til the morning but surely that money will be returned? Causing me some stress at the minute

    For future reference- if its a SEPA payment- you can automatically reverse it immediately, even outside of office hours. Contact your bank for further information.

    As you have multiple threads on the same topic- this thread is closed.


This discussion has been closed.
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