General Betting
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16 Aug 13
22:48
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Date Joined:
04 May 05
Can anyone help with this issue?
I withdrew £1200 to my bank account on Sunday 11 Aug and still not received the monies which makes me think something is not quite right. Its now nearly day 6 of waiting.
Spoke to my bank and they cant see any monies and betfair say that the monies left as a completed transaction.
Where do i stand? Bank says check with Betfair and Betfair say check with my bank. Betfair say they will give me a note i can produce to bank but the bank says thats no good, is there anyway of tracing this lost money or am i stuffed???
Help appreciated!
I withdrew £1200 to my bank account on Sunday 11 Aug and still not received the monies which makes me think something is not quite right. Its now nearly day 6 of waiting.
Spoke to my bank and they cant see any monies and betfair say that the monies left as a completed transaction.
Where do i stand? Bank says check with Betfair and Betfair say check with my bank. Betfair say they will give me a note i can produce to bank but the bank says thats no good, is there anyway of tracing this lost money or am i stuffed???
Help appreciated!
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Replies: 18
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hope ya cash turns up, maybe it needs a bit more time, never had the problem , mines usually one way lol
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Is this your first withdrawal to that bank account ?
If it is, check with BF and ask what bank numbers they used. Check those with what you have. A single digit out means the money went into the wrong account. |
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it probably goes back to the card you deposited money in too, so probably its done automatically, not sure.
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what is a withdrawal ?
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How many cards do you have registered?
Is is possible you have withdrawn to the wrong card or one that has expired? |
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Only a quick reassurance : there is always an audit trail for this kind of transfer typically banks reserve the right to take 5-7 days to get back to you once you've asked them to do it - probably takes much less time really and shouldn't charge a fee. Try and update any outcome here. hth
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It is the sending party's responsibility to initiate a check where the money was sent to.
All they (BF) need do is have their accounts people / bank put a trace on the transaction. How they can say it is your bank's responsibility is beyond me. The receiver (or non-receiver in this case) is not the starting place for this. It is BF. Standard practise. If it has gone to the wrong bank account, whoever holds that account will be asked to return it, if they don't do voluntarily. (I am not sure about the following but seem to recall that if you receive money into your account by accident which you know is not yours, it becomes theft if you then start spending it. But don't hold me to that!) |
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It shouldn't take that long, last time I made a withdrawal was on the afternoon of 27th June and it was in my bank acc. on the 1st of July, 2 WORKING DAYS very impressive for a bank transfer maybe different if it's going into a credit card or other money holder facility.
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"If it has gone to the wrong bank account, whoever holds that account will be asked to return it, if they don't do voluntarily."
I thought this was virtually impossible. Surely the banks make sure the acc number AND name match before completing a transfer |
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ITS ALL PART OF LIFE ,DONT LET IT STRESS YOU OUT
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"If it has gone to the wrong bank account, whoever holds that account will be asked to return it, if they don't do voluntarily."
I thought this was virtually impossible. Surely the banks make sure the acc number AND name match before completing a transfer I had 20k paid into my current account. The bank phoned about 2 weeks later wanting it back. They said it should have gone into an account 'with a very similar account number.' |
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if it has gone to a card that has expired but is the same bank account as current card whats happens then?
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if it has gone to a card that has expired but is the same bank account as current card whats happens then?
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beaver...any update on whats happened with the cash ???
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It went into Money Tree's account in error.
It's all gone now. |
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Only the sender can trace the money and that should be obvious...as only they can see the instruction of where the money was sent! Anyone who thinks money cant be sent to the wrong account should think on. I logged on to Fleet Bank one day and noticed we had received $6 million from I think Lexington Assurance
 . It's amazing how common duplicate payments can be too, although that was probably due to the industry I was working in. |
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You can ask Betfair which account it went to and then from the date it was 'sent' print off a bank statement to prove you have not received it.
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People start a thread asking for help, never to return, poor form imo.
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