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Original poster

Almost a VERY expensive morning.

37 replies

TheSecondMrsAshwell · 26/10/2021 12:43

So I had to pay off the balance of my deposit this morning. A walloping £180,725.50.

Anyway to pay something that big – as I’m sure you all know – you have to really jump through the hoops. I gave the first person I spoke to all the details and she read them all back. All good, we matched up. Then I had to speak to a different dept to get the transfer to go through. So he read everything back – account, etc. Then he came to the amount and there was

£1,807,250.00

Noooooooo!!!! That would either have left me £1.6m overdrawn or the transaction would be declined due to lack of funds. Either way, I’d have twins. Then kittens. Then twin kittens.

So just as well the bank puts you through an assault course before the money goes anywhere.

OP posts:
EdgeOfTheSky · 26/10/2021 14:13
Grin
maofteens · 26/10/2021 18:58

I once charged a customer over £30,000 for a pj. Yes it should have been £30, but I guess the register was sensitive and while I should have checked the amount before pressing the button, I did it simultaneously and omg I thought it would just be rejected but it went through!
Always good to double and triple check even for a simple low cost purchase, let alone a house!

NewLifePending · 26/10/2021 19:05

Cool story bro

HouseOfFire · 26/10/2021 19:15

@NewLifePending

Cool story bro
Biscuit
Sandrine1982 · 27/10/2021 09:41

LOL

Original poster
TheSecondMrsAshwell · 27/10/2021 13:49

Thanks @HouseOfFire

OP posts:
eightlivesdown · 27/10/2021 14:24

A near miss. But they wouldn't have let you go £1.6m overdrawn, so the payment would have been declined. Shows that the checks don't include the bank checking the balance in your account only the transaction, otherwise it would have highlighted insufficient funds.

DaisyNGO · 27/10/2021 19:19

On the phone?
I couldn't do that, I'd have to do it in person!

DramaAlpaca · 27/10/2021 19:37

Haha Grin

The other weekend DH and I went out for lunch. There was a bit of a delay bringing us the bill - which apparently came to €4,924.00 Shock It should, of course, have been €49.24 and they were very apologetic.

ShaunaTheSheep · 27/10/2021 19:41
Hmm Did you really have to jump through these hoops? Asking because we've recently moved house and I paid both the deposit and the balance using BACS through online banking - no safety net!!
SpookyPumpkinPants · 27/10/2021 19:43

I thought nearly paying the window cleaner £1100 was bad enough'

(£11 is daylight robbery for the number of windows!)

LadyCampanulaTottington · 27/10/2021 19:45

I paid my photographer €13,000 instead of €1300. Luckily she’s been a subcontractor for years and we work together a lot. She sent it right back!

SingleHandSue · 27/10/2021 19:49

@SpookyPumpkinPants

I thought nearly paying the window cleaner £1100 was bad enough'

(£11 is daylight robbery for the number of windows!)

Surely notcleaning your windows would be daylight robbery Grin
SingleHandSue · 27/10/2021 19:49

Meant to do this = not 🤦🏻‍♀️

Bouledeneige · 27/10/2021 19:57

I was struck by the solicitors double triple checking my transfer of payments for my house purchase. I'm so used to tap and spend that it made me realise how important it was that they were so careful.

There's a well known scam where someone else taps your solicitor's emails and gets your deposit re-directed so its good to know someone is double checking the noughts.

MiniCooperLover · 27/10/2021 20:53

I work for a solicitors and we do lots of completions and now insist on doing phone calls to double check where the funds are coming from or going to ... there's too much hacking going on and no matter how strong our systems the risk is always there. I do a lot of calls from the other aides confirming our bank details and that's good 👍 if your solicitors or conveyancer don't mention wanting to do this I'd be worried at their security standards

DaisyNGO · 27/10/2021 20:54

Boul "There's a well known scam where someone else taps your solicitor's emails and gets your deposit re-directed so its good to know someone is double checking the noughts."

How would they do that?

Bouledeneige · 27/10/2021 21:05

I listened to a radio 4 programme about hackers getting into emails from property solicitors and the hackers then sending the deposit payment demand. The buyer lost the deposit. The radio programme was in September 2020. I also know someone who had their emails hacked with their lawyer/investment advisor who lost at least £500K.

justwantobeamum · 27/10/2021 21:43

I'm a property solicitor and we literally listen to seminars on this stuff and it's called "fraud Friday" because most house sales and purchases complete on a Friday so that is when scammers target us. Never accept bank details by email, phone your solicitor and check them before making a transfer. Oh and google their office number dont just phone the number on the email that says "dear mrs smith in advance of your purchase completing tomorrow I am letting you know our bank details have changed they are now xxx"

SpeakingFranglais · 27/10/2021 22:06

@ShaunaTheSheep

Hmm Did you really have to jump through these hoops? Asking because we've recently moved house and I paid both the deposit and the balance using BACS through online banking - no safety net!!
Nationwide wouldn’t allow me to make a BACS payment, I had to pay using CHAPS and it was a bit of a PIA, but went through securely and quickly.
PufferFishGoneWrong · 27/10/2021 22:13

@DaisyNGO

Boul "There's a well known scam where someone else taps your solicitor's emails and gets your deposit re-directed so its good to know someone is double checking the noughts."

How would they do that?

This is common in all trades, your email can be hacked or other ways and then intercepted.

I just spoke to someone last week who had emails with invoices intercepted and her clients were emailed by the scammer with new bank details. Any reply to question this was intercepted by the hacker to auto sent any emails from the sender to go to junk and they picked it up.

It's mental what they do.

DaisyNGO · 27/10/2021 23:35

@Bouledeneige

I listened to a radio 4 programme about hackers getting into emails from property solicitors and the hackers then sending the deposit payment demand. The buyer lost the deposit. The radio programme was in September 2020. I also know someone who had their emails hacked with their lawyer/investment advisor who lost at least £500K.
Oh I see

So the email looks like it comes from the solicitor but has the bank account of the hacker?

I would always check even if it came by post but I am paranoid central.

That said, usually when you pay a company online, your bank matches up the details and says " You are paying Daisy & Daughters, is this correct?"

Welldarn · 27/10/2021 23:44

The easiest way to do it is by Bacs. I transferred my 50,000 deposit for a house to my solicitor by bacs. Then I called them and asked them to check if they had received my money. They said yes, but they had only received £1. So then I transferred the 49999 to them with the same set of details Grin

I always send only £1 first then confirm they have it and send the rest.

DaisyNGO · 28/10/2021 00:25

@Welldarn

The easiest way to do it is by Bacs. I transferred my 50,000 deposit for a house to my solicitor by bacs. Then I called them and asked them to check if they had received my money. They said yes, but they had only received £1. So then I transferred the 49999 to them with the same set of details Grin

I always send only £1 first then confirm they have it and send the rest.

Me too! I haven't had to pay anyone a lot of money for ages but I am glad you reminded me of that.
mofro · 28/10/2021 00:28

Yes we had to transfer for a house purchase and did a £1 test first online and then went into bank to do actual transfer!