Skip to Content

Find your next home with Luxist's "Estate of the Day"

Bank accidentally withdraws $11 billion from man's account

More
Text SizeAAA

Filed under: Banks

The next time you think your bank has something to be desired, you can at least be thankful that it hasn't made an error leaving you a few billion dollars in debt.

According to some news fresh from The Cophenhagen Post, in Hillerod, Denmark, an electrician recently looked at his bank account and discovered there had been a rather significant withdrawal. The bank had accidentally taken out 63 billion kroner from this man's account, which according to the online currency calculator I used, is $11 billion dollars.
I think if a mistake like that had been made at my bank account, I'd probably go into cardiac arrest. Fortunately, the electrician, Dennis Pallesgaard, did what everyone should do. He called his bank to insist that they had made a mistake.

They apparently didn't argue the point.

It turns out that they had typed in an account number where they should have typed in the numbers for a withdrawal--3,200 kroner from
a mortgage deed registration on a property deal. But instead, the bank took out an extra 63,002,842,493.

They quickly replaced it, and I'm assuming that the bank didn't give the man anything for his shock, like a pillow or an all-inclusive vacation at a nearby resort. And maybe they shouldn't have. It was, after all, an honest mistake. But, of course, if it had been the electrician who had made a careless error, the bank management wouldn't be laughing and letting bygones be bygones. He would have been given enough overdraft fees that he'd be rotting in debtor's prison now.
Subscribe to Walletpop

Reader Comments (Page 1 of 1)

How Much Should I Save?

$
$
%
Vote Now For the Readers' Choice Best in Food Awards
Nominations have been received and vetted for the best-of-breed in gourmet grocers, online gourmet ...
Zingerman's Bakehouse: Artisan Bread and Pastry from Ann Arbor
Zingerman's Bakehouse of Ann Arbor, Michigan, is nominated for a Luxist Award in the best bread ...

Laura Heller
Laura Heller Filed under: Bargains, Kids and Money, Saving Money, Shopping, Black Friday

New Black Friday deals at Toys R Us online ... and on the go

Black Friday deals are being announced or leaked at such a rapid rate its getting difficult to keep track. Of all the retailers, Toys R Us may well be the most aggressive with the deals and now it is ...
Jason Cochran
Jason Cochran Filed under: Bargains, Extracurriculars, Transportation, Travel, Celebs & Money

On board the new Oasis of the Seas: Is it worth the money?

So here I am, writing this from off the coast of Florida as part of the first two-day preview cruise of the magnificent Oasis of the Seas. Royal Caribbean has launched the largest cruise ship in the ...
Geoff Williams
Geoff Williams Filed under: Credit cards

Citigroup holds its customers hostage

Across the nation, Citibank credit card holders are receiving what pretty much amounts to a ransom note: We're going to raise your rates, says the letter, in so many words, but if you spend more ...
Bonnie McCarthy
Bonnie McCarthy Filed under: Budgets, Kids and Money, Saving Money, Technology

Family budgets: Make movie night safe again with family-friendly review sites

Around my house, we don't make the decision to pile into the car and head over to our local Cineplex as easily as we once did. It costs a lot of money these days to see talking animals, wild things ...

Banking Tools

Use these bank account calculators and tools to help you make the smartest bank account moves.

    Headlines from WalletPop Partners