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Accidental Transfer

  • 25-03-2018 7:33pm
    #1
    elius
    Registered Users Posts: 1,204 ✭✭✭


    Hi all,
    On Friday i made a bank transfer from my current to my saving but instead i transferred it to my loan account. Can the money be retrieved its quite a large sum of money. Ive to go into the bank first thing. Ive a few payments to meet over the next two weeks and will miss then all if they refuse to return the money to the correct account.
    Cheers


Comments

  • #2
    Rochester
    Registered Users, Registered Users 2 Posts: 478 ✭✭Rochester


    If your loan account isn't in arrears, they should do it no problem. By the way would you not look at reducing the loan if you have savings, you're probably paying way more in loan interest than you you are getting on your deposit?


  • #3
    elius
    Registered Users Posts: 1,204 ✭✭✭elius


    Rochester wrote: »
    If your loan account isn't in arrears, they should do it no problem. By the way would you not look at reducing the loan if you have savings, you're probably paying way more in loan interest than you you are getting on your deposit?

    No its not in arrears at all! I even made payment on Friday as per Direct Debit. Im happy to pay loan. Savings are there for just incase. I just hope they return money cause its all my savings and money i save to make payments.


  • #4
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,725 Mod ✭✭✭✭Henry Ford III


    I think you'll be fine.


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