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	<title>Comments on: Bank Error Not In Your Favor? Here&#8217;s What To Do</title>
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	<link>http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html</link>
	<description>personal finance blog with anecdotes, advice and commentary.</description>
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		<title>By: Nicole</title>
		<link>http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html/comment-page-1#comment-220861</link>
		<dc:creator>Nicole</dc:creator>
		<pubDate>Thu, 28 Feb 2008 17:39:24 +0000</pubDate>
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		<description>Byron- call them and tell them about it. it happened to us with a large check and we did not notice because we had large deposits every week and 3 months later they discovered the error and took out their money overdrawing our account.</description>
		<content:encoded><![CDATA[<p>Byron- call them and tell them about it. it happened to us with a large check and we did not notice because we had large deposits every week and 3 months later they discovered the error and took out their money overdrawing our account.</p>
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		<title>By: Oscar</title>
		<link>http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html/comment-page-1#comment-208413</link>
		<dc:creator>Oscar</dc:creator>
		<pubDate>Fri, 11 Jan 2008 04:50:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html#comment-208413</guid>
		<description>The new scanning atms should help with some of the envelope issues, but they are still far off from being 100% accurate. Just keep an eye on your bank account regularly for inconsistencies.</description>
		<content:encoded><![CDATA[<p>The new scanning atms should help with some of the envelope issues, but they are still far off from being 100% accurate. Just keep an eye on your bank account regularly for inconsistencies.</p>
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		<title>By: Anonymous</title>
		<link>http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html/comment-page-1#comment-208302</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Thu, 10 Jan 2008 14:50:04 +0000</pubDate>
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		<description>Charlie

Lost deposit slip copy

I lost my Deposit slip and I need it as proof that I did in fact pay the rent on my flat in December 2007.and make matters worse I am not sure on the date on which I deposited the money please,please Help me!!!!</description>
		<content:encoded><![CDATA[<p>Charlie</p>
<p>Lost deposit slip copy</p>
<p>I lost my Deposit slip and I need it as proof that I did in fact pay the rent on my flat in December 2007.and make matters worse I am not sure on the date on which I deposited the money please,please Help me!!!!</p>
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		<title>By: Byron</title>
		<link>http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html/comment-page-1#comment-187090</link>
		<dc:creator>Byron</dc:creator>
		<pubDate>Fri, 16 Nov 2007 05:25:32 +0000</pubDate>
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		<description>I deposited 520.00 and when my wife called the bank to get a balance, the deposit had gone in twice.  not sure what to do.  Part of me wants to not say anything, but I don&#039;t want it to bite me back later down the road.  Any advice?</description>
		<content:encoded><![CDATA[<p>I deposited 520.00 and when my wife called the bank to get a balance, the deposit had gone in twice.  not sure what to do.  Part of me wants to not say anything, but I don&#8217;t want it to bite me back later down the road.  Any advice?</p>
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		<title>By: allen</title>
		<link>http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html/comment-page-1#comment-170639</link>
		<dc:creator>allen</dc:creator>
		<pubDate>Mon, 22 Oct 2007 15:15:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html#comment-170639</guid>
		<description>Once upon a time, I decided i wanted to withdraw $20 for lunch while downtown. I went to my bank&#039;s ATM to avoid fees, and was surprised when the machine said that i had insufficient funds. 

&quot;What&#039;s this?&quot; I asked, confused, and beginning to be scared, &quot;I should have over two thousand dollars in there!&quot; I quickly used the ATM to do an account balance.

&quot;You have a balance of -$21,085,&quot; said the machine. 

I quickly went inside the bank (luckily they were still open for another hour that Saturday), told the lone teller what my problem was, and 15 minutes later was able to talk to a manager. It turns out that a teller SOMEWHERE had issued a withdrawal, but had transposed two numbers, my account for theirs. Which makes me wonder why the issued the money if it was that far in the negative...</description>
		<content:encoded><![CDATA[<p>Once upon a time, I decided i wanted to withdraw $20 for lunch while downtown. I went to my bank&#8217;s ATM to avoid fees, and was surprised when the machine said that i had insufficient funds. </p>
<p>&#8220;What&#8217;s this?&#8221; I asked, confused, and beginning to be scared, &#8220;I should have over two thousand dollars in there!&#8221; I quickly used the ATM to do an account balance.</p>
<p>&#8220;You have a balance of -$21,085,&#8221; said the machine. </p>
<p>I quickly went inside the bank (luckily they were still open for another hour that Saturday), told the lone teller what my problem was, and 15 minutes later was able to talk to a manager. It turns out that a teller SOMEWHERE had issued a withdrawal, but had transposed two numbers, my account for theirs. Which makes me wonder why the issued the money if it was that far in the negative&#8230;</p>
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		<title>By: Scott</title>
		<link>http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html/comment-page-1#comment-170581</link>
		<dc:creator>Scott</dc:creator>
		<pubDate>Mon, 22 Oct 2007 13:22:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html#comment-170581</guid>
		<description>I must be the lucky one that&#039;s never had an error not in my favor and actually had one that was in my favor.  I went to a Bank of America ATM I visited while on business in New Jersey about a year and a half ago and took out $100.  I got five bills and assumed they were all 20&#039;s.  Until a little further down the road when I needed to use the money I realized that two of the bills were 50&#039;s... a cool $60 error in my favor - made the long trip home much more pleasant.</description>
		<content:encoded><![CDATA[<p>I must be the lucky one that&#8217;s never had an error not in my favor and actually had one that was in my favor.  I went to a Bank of America ATM I visited while on business in New Jersey about a year and a half ago and took out $100.  I got five bills and assumed they were all 20&#8217;s.  Until a little further down the road when I needed to use the money I realized that two of the bills were 50&#8217;s&#8230; a cool $60 error in my favor &#8211; made the long trip home much more pleasant.</p>
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		<title>By: MoneyNing</title>
		<link>http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html/comment-page-1#comment-170200</link>
		<dc:creator>MoneyNing</dc:creator>
		<pubDate>Sun, 21 Oct 2007 23:06:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html#comment-170200</guid>
		<description>Either way, it would be a HUGE hassle if the ATM screws up on your deposit.  I guess the easy thing to do is to just deposit them at the bank.

The other thing is hopefully everyone starts to learn how to electronically transfer money to your account since it is easier for everyone (assuming people are more and more familiar with the computing world).</description>
		<content:encoded><![CDATA[<p>Either way, it would be a HUGE hassle if the ATM screws up on your deposit.  I guess the easy thing to do is to just deposit them at the bank.</p>
<p>The other thing is hopefully everyone starts to learn how to electronically transfer money to your account since it is easier for everyone (assuming people are more and more familiar with the computing world).</p>
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		<title>By: Kiran</title>
		<link>http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html/comment-page-1#comment-169432</link>
		<dc:creator>Kiran</dc:creator>
		<pubDate>Sat, 20 Oct 2007 01:48:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html#comment-169432</guid>
		<description>I actually had a bank error in my favor once.

I opened a CD at my bank a few years ago and it took over a week to get it all set up. Holds on my account for transferring such a large sum into savings ($10000), had something to do with it. 

Do to the delay the branch vice president said he would open up the account as soon as the hold cleared so I wouldn&#039;t have to come back for a third time. 2 weeks later over the weekend I checked my account balances online and I had the 10k CD  and still had that 10k in my savings account. I resolved to go and sort this out with the VP that Tuesday, but he called me that morning and asked where exactly was the money for my CD was supposed to come from. So it cleared up.

I figure it was justice since I lost out on a week of the good CD rate, but earned interest in my money market savings for two weeks, so the interset amounts were pretty equal.</description>
		<content:encoded><![CDATA[<p>I actually had a bank error in my favor once.</p>
<p>I opened a CD at my bank a few years ago and it took over a week to get it all set up. Holds on my account for transferring such a large sum into savings ($10000), had something to do with it. </p>
<p>Do to the delay the branch vice president said he would open up the account as soon as the hold cleared so I wouldn&#8217;t have to come back for a third time. 2 weeks later over the weekend I checked my account balances online and I had the 10k CD  and still had that 10k in my savings account. I resolved to go and sort this out with the VP that Tuesday, but he called me that morning and asked where exactly was the money for my CD was supposed to come from. So it cleared up.</p>
<p>I figure it was justice since I lost out on a week of the good CD rate, but earned interest in my money market savings for two weeks, so the interset amounts were pretty equal.</p>
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		<title>By: Melissa</title>
		<link>http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html/comment-page-1#comment-169364</link>
		<dc:creator>Melissa</dc:creator>
		<pubDate>Fri, 19 Oct 2007 22:03:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html#comment-169364</guid>
		<description>A few weeks ago my boyfriend stopped at an ATM to withdraw money, the ATM debited his account the $200 but no money dispensed. He immediately contacted both his bank (this was not at his bank) and the bank who&#039;s ATM it was to report the problem. A few weeks later we received a letter saying the transaction was processed correctly, and even though we know that isn&#039;t true there appears to be nothing we can do about it. The only thing I can figure is that the next customer got both their money and ours so the total in the machine was correct. His bank just said tough luck....</description>
		<content:encoded><![CDATA[<p>A few weeks ago my boyfriend stopped at an ATM to withdraw money, the ATM debited his account the $200 but no money dispensed. He immediately contacted both his bank (this was not at his bank) and the bank who&#8217;s ATM it was to report the problem. A few weeks later we received a letter saying the transaction was processed correctly, and even though we know that isn&#8217;t true there appears to be nothing we can do about it. The only thing I can figure is that the next customer got both their money and ours so the total in the machine was correct. His bank just said tough luck&#8230;.</p>
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		<title>By: Slava</title>
		<link>http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html/comment-page-1#comment-169320</link>
		<dc:creator>Slava</dc:creator>
		<pubDate>Fri, 19 Oct 2007 19:03:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html#comment-169320</guid>
		<description>I&#039;d like to add my 2 cents to this article:

Bank of America introduced new ATM where it scans your checks and cash. They are very useful and will help avoid error with deposits. I&#039;ve used it few times to deposit checks and cash and every time it recognized correct deposit. AND when you deposit check it will print a copy of a check on your slip.</description>
		<content:encoded><![CDATA[<p>I&#8217;d like to add my 2 cents to this article:</p>
<p>Bank of America introduced new ATM where it scans your checks and cash. They are very useful and will help avoid error with deposits. I&#8217;ve used it few times to deposit checks and cash and every time it recognized correct deposit. AND when you deposit check it will print a copy of a check on your slip.</p>
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		<title>By: Chris</title>
		<link>http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html/comment-page-1#comment-169307</link>
		<dc:creator>Chris</dc:creator>
		<pubDate>Fri, 19 Oct 2007 17:54:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/bank-error-not-in-your-favor-heres-what-to-do.html#comment-169307</guid>
		<description>Be sure to request that your bank not charge you for the phone call to report the problem! My bank, Wells Fargo, charges you $2 when you call and talk to someone when they had the solution on the website or the automated phone tree. They shouldn&#039;t charge you when you have problems like this, but I can&#039;t recall ever calling the call center of a large company without something being done wrong.

When the ATM recorded a single deposit twice, then debited the account once (an apparent error correction in the machine) it of course applied $100 of my deposit to the available balance and subsequently withdrew $600 (the whole amount of the deposit) while the remaining $1,100 (the deposit twice minus the $100) sat in pending. Fortunately I had enough to cover the temporary loss, but I had to call them in order to figure out what was going on.

Thus began a 6 month adventure of trying to get them to stop charging me a $2 fee. At the initial call they said it would be waived, it wasn&#039;t...so I had to call back. The CSR would waive it again, and again it would appear at the end of the month&#039;s statement cycle. And so on and so on about 5-6 times. They called it a &quot;glitch&quot;. I called it a &quot;lets see if the customer isn&#039;t paying attention fee&quot;.</description>
		<content:encoded><![CDATA[<p>Be sure to request that your bank not charge you for the phone call to report the problem! My bank, Wells Fargo, charges you $2 when you call and talk to someone when they had the solution on the website or the automated phone tree. They shouldn&#8217;t charge you when you have problems like this, but I can&#8217;t recall ever calling the call center of a large company without something being done wrong.</p>
<p>When the ATM recorded a single deposit twice, then debited the account once (an apparent error correction in the machine) it of course applied $100 of my deposit to the available balance and subsequently withdrew $600 (the whole amount of the deposit) while the remaining $1,100 (the deposit twice minus the $100) sat in pending. Fortunately I had enough to cover the temporary loss, but I had to call them in order to figure out what was going on.</p>
<p>Thus began a 6 month adventure of trying to get them to stop charging me a $2 fee. At the initial call they said it would be waived, it wasn&#8217;t&#8230;so I had to call back. The CSR would waive it again, and again it would appear at the end of the month&#8217;s statement cycle. And so on and so on about 5-6 times. They called it a &#8220;glitch&#8221;. I called it a &#8220;lets see if the customer isn&#8217;t paying attention fee&#8221;.</p>
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