Man wakes up to R41 billion after his bank makes payment error

Man wakes up to R41 billion after his bank makes payment error

- The Bank of America recently experienced technical errors that led to its customers receiving unusual bank balances

- A man in Massachusetts found his bank balance had been credited and was reading $2,45 billion extra

- He assumed the bank would rectify the error but after a few days he realised it had not been changed, forcing him to report to the bank

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What would you do if you woke up one day only to find over R41 billion in your bank account? Would you report it or just go ahead and use it?

Now that was the exact dilemma that an American man found himself in after waking up only to find $2.45 billion (R41 billion) displaying on his mobile banking application as his balance.

READ ALSO: "Hero of the day": Car guard returns lost money to worried stranger

Man wakes up to KSh 264 billion extra bank balance displaying on mobile app

The man was a customer of Bank of America. Photo: BBC
Source: UGC

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In a report by Bloomberg, Massachusetts psychiatrist Blaise Aguirre found the money in his account but did nothing about it.

In his mind, the Bank of America customer thought the sender would discover the error and rectify it so he never bothered to ask the bank about the humongous amount of money in his bank account.

When that didn’t happen, he reached out to his relationship manager to inquire about the mysterious funds showing up on both the web and his phone’s mobile app.

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“This was a display error and nothing more than that. It’s been corrected,” Bank of America spokesman Bill Halldin said.

However, the multibillion-dollar mishap wasn’t the first involving customer accounts. Weeks ago, the lender had a temporary display issue that caused some online and mobile-banking clients to see inaccurate balances.

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In other news, when a car guard named Thabang, who found a stranger's money laying in a parking lot, returned the money to the stranger, he was dubbed a hero. Franco Mbhu took to Facebook to share the story of how he had lost his R600 cash in the parking lot at Boulder shopping mall in Midrand.

"Here is my hero of the day. Earlier in the day this gentleman Thabang, a car guard from Boulders shopping mall in Midrand. I accidentally dropped R600 in the parking lot when I was removing my phone from my pocket without realising on the spot, then as I was driving out the mall I realised that my pocket was empty, no funds nothing.
"I immediately I went back where I was [parked], fortunately this champ was still around. I then politely asked him if he didn't see any money around the area because I've just lost my R600. Unexpectedly Thabang said to me, "I got it bro." I couldn't believe that people of this calibre are still available around us."

Facebook users did as asked and joined in to applaud Thabang for his good-hearted ways.

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