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Santander Sends $ 175 Million For Christmas Due To Technical Misconduct

See the Santander headquarters on May 18, 2012 in London, England.

See the Santander headquarters on May 18, 2012 in London, England.
Picture: Dan Kitwood (Getty Images)

Thousands of people in the United Kingdom probably thought they were very good last year when they saw their bank accounts on Christmas Day, all of which had more money than they expected. Unfortunately, Santa Claus does not have enough money in his self-justification store $ 176 million payments, but European bank Santander will, and want its money back, please.

It has been recognized in recent times that as a result of “technical issues, ”Santander UK sent millions to about 75,000 people and companies by Dec. 25 who should not have received the money. The first was said by Times in London, the pay was delivery to the people who were with them it already exists paid by one of the 2,000 businesses with accounts in Santander.

The bank reimbursed the people again, despite the additional payment of came from his storehouses. This should be hurtful, but it is probably more painful than the anger of 2,000 customers like things have changed.

According to and the New York Times, most of the 75,000 recipients of the money were customers of rival banks, including Barclays, HSBC, and Virgin Money. In a statement to the store, Santander UK apologized for the inconvenience and said it would work with competitors to recoup the money. It will also be using its own methods of operation, but did not specify what it was.

“We are sorry that due to technical difficulties, some of the money from our customers has been misappropriated from the recipients’ accounts,” the bank told the Times. “None of our customers have been left in the pocket, and we will be working hard with many banks in the UK to restore what was repeated in the coming days.”

Gizmodo arrived in Santander UK on Saturday to find out more about a technical error that occurred and to ask what consumers who received incorrect payments should do in response. We have never heard of, but we will make sure to change the subject if we do.

Despite the bank’s errands, the recipients faced serious financial problems, especially when they went into use. (I may have seen a lot of theaters but spending the money that ends up in your account strangely sounds like a risky approach).

Take it Kelyn Spadoni warning, a 911 dispatcher to Louisiana who originally 2021 received $ 1.2 million from Charles Schwab, his lending company, by mistake. Instead, the company should invest only $ 82.56 Fidelity Account. Spadoni began to buy a car and house less than a day after receiving the money and refused to answer Charles Schwab when asked to give him the money.

Last year, Spadoni was arrested for theft, fraud, and money laundering. In the end, Charles Schwab managed to secure about 75% of the proceeds, but it is unclear what happened to the rest.

Brethren, we have more problems, so let’s do better in 2022: Don’t waste money unless you sign and know where it comes from.

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