to ask whats the maximum sum you would be prepared to write off in this situation

[user09090909E]

if you paid someone some money by mistake, they offered to refund it if you sent them your bank account details but you didn't want to give them your bank account details because you didn't trust them, what's the maximum sum you could live with as the cost of your mistake?

am in exactly this situation and am just thinking of writing it off. but unsure becauase of the amount.

Why don't you open another bank account, you can do that online in minutes and then give those details for the repayment.

Can’t you just ask your bank to retrieve the funds.

Was it really that long ago? Honestly thought it was more recently. Sorry!

Jeez - you are dillusional

Can the person you accidentally payid not refund the transaction through their payment service provider?

Mind you I'd be cross if I had to do this, I would end up lumbered with the fee.

OP, you’re fucking hostile and so, so disagreeable 😂

If I were you, I’d write off the full amount and let them keep it as compensation for having to deal with you 🥲

Then to answer the question, the maximum I'd be prepared to write off is zero pounds as I'd give them a simple way to pay it back.

You only need to give them your Account number and sort code. They cannot do much else with it.
If you don't want to and its £20, I would ask them for cash

Give the details and then move your account. Who can afford to lose money at the moment..? If you’re savvy then you could do a switch which pays you

@user09090909E I don’t know if I’m being stupid here but if it wasn’t some out of the blue payment and you seem to know the person well enough to know their e-security isn’t the best… why can’t you just ask for the money back in cash? Sorry if someone has already suggested this

@user09090909E
How much is it for? Under £50 or over £1000??

Okay, but accidentally paying money into the wrong account and having it refunded to another account is a classic money laundering move. Just saying.

In the 'old' days did you never write out a cheque? Your account number and sort code would have been printed on every cheque you ever wrote.

Not RTFT, but I’d just ask them to send it by PayPal if I was dead against giving them my bank account details 🤷🏼‍♀️

No big deal.

How did you pay them this money? Did you hand over cash in person? Or was it by bank transfer? Or some other means?

I don’t understand how it can be that bad.
Every cheque has your account and sort code written on it.
You hand those out to all sorts of people when you pay by cheque.

Hang on OP, are you the one that has “accidentally” paid money into someone else’s account? Perhaps you’re the real fraudster!

Apart from all the fraud fears etc, I don’t understand the logic of your question. Are you asking for advice, or just canvassing opinion out of curiosity? Because in terms of how much money people would write off, it’ll obviously vary massively, depending on how much money people have.

A multimillionaire would probably be happy to write off a few hundred, but someone on minimum wage wouldn’t.

With the responses you've given so far op, what exactly is the point of your post?

Either ask the person to withdraw the amount and give it back, just make some excuse about- it'll save you from going to withdraw.

Or just give ur account details, after they've paid your money, ask your bank to block any further faster payments from that particular account if ur so worried about them using it for money laundering.

From the responses none of us are willingly to let our money go.

I have empty banks for this reason. I've worked in Finance for 25yrs. I'd not be prepared to write off any sum in this situation. However I'd be questioning why COP didn't apply when you were making the payment?

I run a business and give out my bank details every day on invoices to hundreds of clients to pay me 😁. I can't guarantee that they are all trustworthy or that their emails are secure.

How else do you think the world actually turns?

In my experience they are mostly dim witted chancers.

Unless you are very wealthy and have £££££££££ sitting in your account.

Sophisticated fraudsters don’t waist their time stealing £100 here or there.

Is the payment to an individual or a business?

I didn't realise there was any risk in giving them a sort code and account number? I mean otherwise I'd just give them a basically empty bank account that I hardly use to send the money to.

You can open online accounts in minutes these days so open a new account, have then send you the money, withdraw it and then close the account.